HomeMy WebLinkAboutLeasing MotorcyclesExhibit A
Leasing Traffic Law Enforcement Motorcycles
Bid No. 04-05-049
Leasing Based On Twenty -Five (25) Motorcycles (Excluding Maintenance Package)
$275/per month
x 25 motorcycles
$6,875 total per month
Twelve (12) Months:
$6,875/per month
x 12 months
$82,500
Twenty -Four (24) Months:
$6,875/per month
x 24 months
$165,000
With Option to Renew for One (1) additional Two -Year Period (24 Months):
$6,875/per month
x 48 months
$330,000
Total contract amount including option to renew is $330,000.
Option To Add Up To Five (5) Additional Units (Excluding Maintenance Package) As
Necessary
$66,000 Total Contract Amount
Total Contract Amount, Including Option To Renew Period And Five (5) Additional Units
$330,000 (25 Units/48 Months)
$ 66,000 (5 Additional Units/48 Months)
$396,000 Total Contract Amount
Buyback Option
The City of Miami shall have the option to purchase any or all motorcycles at the end of the first
two-year period of the lease agreement or at the end of the second renewal period, whichever is
in the best interest of the City, at the same price specified on the Bid Tabulation & Award Sheet.
$14,500 Unit Price