SR-022796-6H
6~'f
PURCH:PW:DH:sd:f:\finance\purch\stfrpts\srbd2559
Council Meetlng: February 27, 1996 Santa Monica, CA
FED 2 7 1996
TO: Mayor and Clty Council
FROM: Clty Staff
SUBJECT: Recommendation to Award Bld to Provide Lease/Purchase
Flnancing of One (1) Hazardous Materlals Response
Apparatus, Bld #2559
Introductlon
Thls report concerns award of bid to provide lease/purchase
financing of one (1) hazardous materlals response apparatus for the
Flre Department, in the total amount of $162,830 15 including
lnterest{ over a flve (5) year perlod, WlLh annual payments belng
$32,566.03.
Backqround
In response to publlshed Notlces Invitlng Blds (publlshed February
1 and 2, 1996) to provlde lease/purchase financlng of one (1)
hazardous materlals response apparatus in accordance with Clty
specificatlons, bids were recelved and publlcly opened and read on
February 9, 1996 Proposal for~s were mailed to slxteen vendors
and notlces were advertised III accordance with City Charter and
Municipal Code provlslons. Ten proposals were recelved as follows
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FEB 2 7 1996
TOTAL COST OVER
FIVE (5) YEAR
VENDOR PERIOD
Munlclpal Services Group, Inc. $162,830.15
Munlclpa1 Fundlng Group $162,860.75
Access Leasing Corporatlon $163,599.30
Munlcipal Leaslng Associates, Inc. $164,005,60
Koch Flnanclal Corporatlon $164,595.65
CNG Leasing $164,730.70
Munl-Group $165,002.95
Government Leaslng Company $172,398.10
American Leaseline Corporation $176,652.76
United Flnancial of Illlnois, Inc. $219,701.40
This vehicle wlll be used to deliver personnel, equipment and
resources to the scene of a hazardous materlals incident, and enable
Hazardous Materlals Technicians to conduct the command, control and
mltigation of an lncldent from thlS vehicle.
Staff has evaluated the low bld and finds that lt meets City
speciflcatlons.
Budget/Financial Impact
After the purchase of five (5) flre engines ln flscal year 1994-95
(Capital Improvement Program budget, account number 01-730-312-
20094-8900-99513) , of the orlginal budgeted amount of $400,000.00,
the remainder ln the amount of $47,262.65 has been used for a down
payment on the Hazardous Materials Response apparatus.
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The remalnlng balance ($141,69817) is to be financed over a flve-
(5) year period at an annual interest rate of 4 82%-.
Recommendation
It 1S recommended that the award of Bid #2559 be made to Munlcipal
Serv~ces Group, Inc. ln the total amount of $162,830.15 including
interest, over a five (5) year period, as the lowest and best bidder
to lease/purchase this equlpment over the next five years.
Prepared by: Pam Wortham, Purchasing Agent
Dlane Howell, Buyer
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