07-01-1974 Bid1
CITY OF RICHFIELD
BID OPENING
July 1, 1974
ARTICULATED RUBBER TIRED LOADER
Pursuant to requirements of ~esclution ~a 1015, a meeting of the administrative
staff was called to order by Gary E~.de, Acting City Manager, who announced that
~:Yae purg~ose of the meeting was to receive, open and read aloud, sealed bids on the
Articulated Rubber Tired Loader, as advertised in the official newspaper on June 13,
1974.
Present: Gary Eide, Acting City Manager
Peter Eberz, Public Works Director
Tom Moran, City Clerk
Bob Long, Street Superintendent
1
1
The following bids were submitted and read aloude
BIDDER and
BID SECURITY
Ziegler Inc. Case Power & Equip.
B. B. 5% B. B. 5%
One Articulated Rubber Tired Loader $47,603.28 $43,986.00
Less Trade-In "A" - 6,500.28 - 5,600.00
Sub-total $41,103.00 $38,386.00
Plus total maintenance cost for five (5)
years or 6,000 hours $ 2,000.00 $ 2,000.00
Less guaranteed re-purchase price five
(5} years from date of delivery $30.00 ,539,536.00
Bid Price $12,988.00 $ 9,850.00
Less Alternate added Trade-In t1B" $ 4,052.00 $ 1040.00
Total Bid Price Alternate "B" $ 8,936.00 $ 8,810.00
Discount for payment of invoice in
20 days None,. Net
Delivery Date Approx. 90 45-90 days
days A.R.O.
No Bid received from Borchert-Ingersoll, Inc.
The acting city manager announced that the bids would be tabulated and considered at
the council meeting of July 8, 1974.
~ i
G ~
Thomas J. Mo ~ City Clerk