CONTRACTAPPROVED

Town of Westmoreland Awards Equipment Contract to NORTRAX (September 2019)

Town of Westmoreland
Disclosed value
$259,500 (less $5,500 trade-in for 1995 grader; net financed amount not stated)
From minutes
Approved
Sep 5, 2019

The 30-second brief

What it covers

The Town of Westmoreland finalized an 8-year lease with Nortrax for a 2019 John Deere grader priced at $259,500, including a $5,500 trade-in for the 1995 grader. Annual payments of $36,796.50 will result in town ownership of the grader at the end of the lease term, at a cost $24,500 below the amount authorized at Town Meeting.

Who holds it

NORTRAX holds this equipment contract with Town of Westmoreland. Its other public contracts on record include work for City of Hudson and Town of Shingobee.

What happens next

Term as filed: 8-year lease term, ownership transfers to town at end of term.

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Contract details

Contract type
Equipment
Amount
$259,500 (less $5,500 trade-in for 1995 grader; net financed amount not stated)
Document date
September 5, 2019
Term
8-year lease term, ownership transfers to town at end of term
Vendor
NORTRAX
Source document
town-of-westmoreland-selectmen-s-meeting-minutes-september-5-2019_036.pdf (Minutes)

NORTRAX's other public contracts

More Town of Westmoreland contracts

Questions about this contract

Who was awarded the equipment contract by Town of Westmoreland?

NORTRAX was awarded this equipment contract by Town of Westmoreland, as recorded on September 5, 2019. The contract value is $259,500 (less $5,500 trade-in for 1995 grader; net financed amount not stated).

How much is the NORTRAX contract with Town of Westmoreland worth?

The NORTRAX contract with Town of Westmoreland is valued at $259,500 (less $5,500 trade-in for 1995 grader; net financed amount not stated), covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a minutes record.

Where was this contract approved?

This contract appears in town-of-westmoreland-selectmen-s-meeting-minutes-september-5-2019_036.pdf (Minutes), dated September 5, 2019 from Town of Westmoreland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does NORTRAX hold?

NORTRAX 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 Town of Westmoreland currently buying?

Explore Town of Westmoreland's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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