CONTRACTAPPROVED

Township of Wall Awards Equipment Contract to Municipal Asset Management (December 2021)

Township of Wall logoTownship of Wall
Disclosed value
$360,000 (approximate cost of fire truck); annual debt service approximately $41,200
From minutes
Approved
Dec 8, 2021
Term
10 years

The 30-second brief

What it covers

Middle Township Fire District No. 4 received Local Finance Board approval to finance a new fire truck through a 10-year lease-purchase agreement with Municipal Asset Management at 2.57% interest. The roughly $360,000 truck will add significant water capacity to the district’s fleet, with annual debt service of about $41,200.

Who holds it

Municipal Asset Management holds this equipment contract with Township of Wall. Its other public contracts on record include work for Six Mile Creek Community Development District.

What happens next

Term as filed: 10 years.

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Contract details

Contract type
Equipment
Amount
$360,000 (approximate cost of fire truck); annual debt service approximately $41,200
Document date
December 8, 2021
Term
10 years
Source document
local_finance_board_minutes_december_2021.pdf (Minutes)

Municipal Asset Management's other public contracts

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Questions about this contract

Who was awarded the equipment contract by Township of Wall?

Municipal Asset Management was awarded this equipment contract by Township of Wall, as recorded on December 8, 2021. The contract value is $360,000 (approximate cost of fire truck); annual debt service approximately $41,200.

How much is the Municipal Asset Management contract with Township of Wall worth?

The Municipal Asset Management contract with Township of Wall is valued at $360,000 (approximate cost of fire truck); annual debt service approximately $41,200, 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 local_finance_board_minutes_december_2021.pdf (Minutes), dated December 8, 2021 from Township of Wall. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Municipal Asset Management hold?

Municipal Asset Management 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 Township of Wall currently buying?

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

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