Randolph County Awards Equipment Contract to Martin Equipment (August 2026)
Randolph CountyCounty · MO- Disclosed value
- Selling price $375,000.00; Trade value $45,000.00; 5 payments of $72,730.96 at 4.99% interest with $1 buyout
- From minutes
- Approved
- Aug 19, 2026
The 30-second brief
Randolph County Commission approved a 5-year municipal lease with Martin Equipment to acquire a new road grader for $375,000, less a $45,000 trade-in, with 5 payments of $72,730.96 at 4.99% interest and a $1 buyout. The first lease payment will be due the year after the purchase date.
Martin Equipment holds this equipment contract with Randolph County. Its other public contracts on record include work for City of Rock Island city and Town of Colona.
Term as filed: 5-year municipal lease, first payment due the year after purchase.
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Contract details
- Contract type
- Equipment
- Amount
- Selling price $375,000.00; Trade value $45,000.00; 5 payments of $72,730.96 at 4.99% interest with $1 buyout
- Document date
- August 19, 2026
- Term
- 5-year municipal lease, first payment due the year after purchase
- Vendor
- Martin Equipment
- Agency
- Randolph County
- Source document
- Randolph County Minutes August 19th, 2026 (Minutes)
Martin Equipment's other public contracts
More Randolph County contracts
Questions about this contract
Who was awarded the equipment contract by Randolph County?
Martin Equipment was awarded this equipment contract by Randolph County, as recorded on August 19, 2026. The contract value is Selling price $375,000.00; Trade value $45,000.00; 5 payments of $72,730.96 at 4.99% interest with $1 buyout.
How much is the Martin Equipment contract with Randolph County worth?
The Martin Equipment contract with Randolph County is valued at Selling price $375,000.00; Trade value $45,000.00; 5 payments of $72,730.96 at 4.99% interest with $1 buyout, covering equipment work.
What type of contract is this?
This is a Equipment contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Randolph County Minutes August 19th, 2026 (Minutes), dated August 19, 2026 from Randolph County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Martin Equipment hold?
Martin Equipment may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Randolph County currently buying?
Explore Randolph County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
