County of Vermilion River Regular Council Meeting Agenda March 2026
Surplus Equipment Auction Approved with Ritchie Bros
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Description
The County of Vermilion River approved a contract with Ritchie Bros to auction surplus equipment in 2026, guaranteeing a minimum receipt of $973,800, with the vendor receiving a commission on sales above this price.
Contract Details
Contract Amount
$1,082,000.00 minus 10 per cent for a total guaranteed price of $973,800.00, and anything above that price being split 90 per cent for the County of Vermilion River and 10 per cent for Ritchie Bros.
Vendor
RITCHIE BROTHERS
Agency
Vermilion River County, Canada
Contract Type
EQUIPMENT
Document Date
March 24, 2026
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