Riverside Municipal Improvement Corporation Awards Maintenance Contract to Altec Industries Inc (October 2026)
Riverside Municipal Improvement CorporationPublic Authority · Riverside, CA- Disclosed value
- $150,000 annually; annual change order authority of 10% ($15,000); total agreement amount of $1,500,000; not-to-exceed expenditure amount of $1,650,000
- From minutes
- Approved
- Oct 26, 2026
- Term
- 10 years, ending July 1, 2036
- Renews
- Free account
The 30-second brief
The Board of Public Utilities approved a 10-year, $1.5 million utility truck maintenance agreement with Altec Industries, Inc. through Sourcewell Cooperative Agreement 091125-ALT. Annual spending is $150,000, with a 10% change-order authority and a not-to-exceed expenditure amount of $1.65 million.
Altec Industries Inc holds this maintenance contract with Riverside Municipal Improvement Corporation. Its other public contracts on record include work for City of Cushing and Public Utility District #1 Of Skamania County, Washington.
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Contract details
- Contract type
- Maintenance
- Amount
- $150,000 annually; annual change order authority of 10% ($15,000); total agreement amount of $1,500,000; not-to-exceed expenditure amount of $1,650,000
- Document date
- October 26, 2026
- Term
- 10 years, ending July 1, 2036
- Renews
- On record
- Vendor
- Altec Industries Inc
- Source document
- Riverside Board of Public Utilities Minutes October 26, 2026 (Minutes)
Altec Industries Inc's other public contracts
More Riverside Municipal Improvement Corporation contracts
Questions about this contract
Who was awarded the maintenance contract by Riverside Municipal Improvement Corporation?
Altec Industries Inc was awarded this maintenance contract by Riverside Municipal Improvement Corporation, as recorded on October 26, 2026. The contract value is $150,000 annually; annual change order authority of 10% ($15,000); total agreement amount of $1,500,000; not-to-exceed expenditure amount of $1,650,000.
How much is the Altec Industries Inc contract with Riverside Municipal Improvement Corporation worth?
The Altec Industries Inc contract with Riverside Municipal Improvement Corporation is valued at $150,000 annually; annual change order authority of 10% ($15,000); total agreement amount of $1,500,000; not-to-exceed expenditure amount of $1,650,000, covering maintenance work.
What type of contract is this?
This is a Maintenance contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Riverside Board of Public Utilities Minutes October 26, 2026 (Minutes), dated October 26, 2026 from Riverside Municipal Improvement Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Altec Industries Inc hold?
Altec Industries Inc 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 Riverside Municipal Improvement Corporation currently buying?
Explore Riverside Municipal Improvement Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
