Pensacola Plans 42-Month Golf Cart Lease with Yamaha
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Description
The City of Pensacola is seeking Council approval of a 42‑month lease agreement with Yamaha Golf-Car Company to supply golf carts and GPS tracking devices for Osceola Golf Course at $6,484 per month, totaling $272,328. The lease, procured via a Sourcewell cooperative contract, reduces upfront capital costs and includes maintenance support for the Parks and Recreation Department.
Contract Details
Contract Amount
$6,484 per month for 42 months (total $272,328)
Vendor
YAMAHA GOLF-CAR COMPANY
Agency
Pensacola International Airport, FL
Contract Type
EQUIPMENT
Document Date
April 6, 2026
Contract Term
42 months, starting 4/1/2026; first payment due 4/1/2026 with no payment required for March 2026
Renewal Date
2029-09-30
Renewal Info
Initial lease term is 42 months with an option for an early roll into a new Yamaha fleet in the last year of the lease, subject to satisfactory performance and credit approval by Yamaha Commercial Customer Finance. No bond is required; termination for convenience by the City is allowed with 30 days’ notice under the overarching contract with Yamaha Motor Finance Corporation, U.S.A.
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