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4.3 SR 07-01-2024The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity Request for Action To City Council Item Number 4.3 Meeting Date July 1, 2024 Prepared By Tim Sevcik, Street and Park Superintendent Item Description 2024 Equipment Replacement Fund Purchase Reviewed by Justin Femrite Cal Portner Tina Allard Action Requested Approve, by motion, the 2024 Street Maintenance Division equipment replacement purchase as scheduled in the Capital Improvement Plan. Background/Discussion The Street Maintenance Division requests authorization to purchase an Altec Industries AT48M aerial lift truck to replace the 2010 F550 sign truck. This truck will provide public works with greater flexibility by serving as a sign truck and an aerial lift truck. The primary function will be street and trail ROW tree trimming and Emerald Ash Borer (EAB) tree removal with the capability to serve the city's sign maintenance needs. This purchase is planned in the 2024-2028 Capital Improvement Plan and budgeted in the 2024 Equipment Replacement fund for the replacement of existing equipment. The existing sign truck will be auctioned with any proceeds placed into the Equipment Replacement Fund. This purchase will be through the Sourcewell contract. Financial Impact $201,902 from the 2024 Equipment Replacement Fund. Mission/Policy/Goal Replacement of this equipment will help to ensure a sustainable city fleet to provide exceptional service in the areas of street and trail right-of-way maintenance, EAB management, and sign maintenance. Attachments 1. Altec Industries Inc Quote Page 26 of 99 Quote Number:618202407 Opportunity Number: Sourcewell Contract #:062320-ALT Date:6/18/2024 REFERENCE MODEL Sourcewell Price Commercial List Price Discount % $129,049 $133,040 3% (A.)Sourcewell Options On Contract 1 2 3 SOURCEWELL OPTIONS TOTAL:$129,049 $133,040 3% (A.) 1 UNIT Unit to be Altec AT48M in lieu of AT37-G $40,710 2 UNIT & HYDRAULIC ACC 3 BODY 4 BODY & CHASSIS ACC 5 ELECTRICAL 6 FINISHING Chassis and unit body to be 2024 model year in lieu of 2022 $23,788 Chassis to be Ford F600 in lieu of F550 $2,000 8 1800 watt inverter $2,650 9 OPEN MARKET OPTIONS TOTAL:$69,148 SUB-TOTAL FOR UNIT/BODY/CHASSIS:$198,197 Delivery to Customer:$3,705 TOTAL FOR UNIT/BODY/CHASSIS:$201,902 (C.) 1 2 3 4 *This quote does not include City, County, State, or Federal taxes. OPEN MARKET ITEMS (Customer Requested) ADDITIONAL ITEMS (items are not included in total above) Quoted for: City of Elk River AT37-G 4x4, 2022 OTHER 7 CHASSIS **Pricing valid for 45 days and may be subject to availability at time of order** NOTES PAINT COLOR: White to match chassis, unless otherwise specified Quoted by: Daniel Moore Phone: / Email: (218) 590-8632 / daniel.moore@altec.com BEST VALUE: Altec boasts the following "Best Value" features: Altec ISO Grip Controls for Extra Protection, Only Lifetime Warranty on Structural Components in Industry, Largest Service Network in Industry, Altec SENTRY Web/CD Based Training, Dedicated/Direct Gov't Sales Manager, In-Service Training with Every Order. TO ORDER: To order, please contact the Account Manager listed above. ** Denotes FET fees were paid when unit was new. Global is not FET exempt. All items listed subject to availability, quote provided at time of request detailing options Delivery is $3.00 / mile Alternate year models may be available in addition to the ones shown here, they will be discounted / priced appropriately to reflect this Chassis model can be any standard chassis (Ford, Dodge, International, Freightliner, Peterbilt, etc.) CHASSIS: Per Altec Commercial Standard DELIVERY: No later than _____ days ARO, FOB Customer Location TERMS: Net 10 days Sourcewell Global Quote Template 9-8-23 Page 27 of 99