From the January 25th village board of trustees meeting for Westmont

d. Purchase Agreement – Fire Truck

Board to consider an ordinance approving the purchase agreement with Macqueen Equipment, LLC for one Pierce Velocity Pumper Fire Engine.

Background of Subject Matter:  This contract is to have apparatus and equipment built with Village of Westmont specifications in accordance with state and federal regulations. The purchase price is $1,084,837, with payment made in 3 installments

Type: Ordinance

Documents: MACQUEEN EQUIPMENT BID – DEC 2023.PDF

Excerpts:

2. Purpose
This Agreement sets forth the terms and conditions of MacQueen’s sale of the Product to the Customer.

3. Term of Agreement
This Agreement will become effective on the date it is signed and approved by MacQueen’s authorized representative pursuant to Section 22 hereof (“Effective Date”) and, unless earlier terminated pursuanttot h e terms
of thisAgreement, it will terminate upon the Customer’s Acceptance and payment in full of the Purchase Price.

4. Purchase and Payment
The Customer agrees to purchase the Product specified on Exhibit A for the total purchase price of $1,172,000.00 (“Purchase Price”). Prices are in US Funds.
NOTE: Upon final inspection at the factory for pick-up or delivery, the customer will need to supply a “Certificate of Insurance” and “FULL PAYMENT” prior torelease of the vehicle, unless prior arrangements for vehicle’s release have been made.

5. Future Changes
Various state or federal regulation agencies (e.g., NFPA, DOT, EPA) mayrequire changes to the Specifications and/or the Product and in any such event any resulting cost increases incurred to comply therewith will be added to the 6.
Purchase Price to be paid by the Customer. Any future drive train upgrades (engine, transmission, axles, etc.) or any other specificationchanges have not been calculated into our annual increases and will be provided at additional
cost. The Company reserves the right to update pricing in response to manufacturer-imposed increases as a result of PPI inflation. The Company will document and itemize any such price increase for the Customer’s review and
approval before proceeding. There will be a $10,000.00 cap on the amount of increase resulting from the PPI inflation. Customer shall be notified of any possible increase at least fourteen (14) months prior to anticipated
delivery of the apparatus. Should the customer choose not to accept the pricing update, the customer has the ability to cancel without penalty or cancellation fee.

8. Delivery, Inspection, and Acceptance
a . Delivery
Delivery of the Product is approximately 45.5-48.5 months of the Effective Date of this Agreement. Risk of loss shall pass to Customer upon Delivery. Delivery shall be made and title documentation shall pass upon Customer’s complete fulfillment of its obligations arising under Section 4 hereof. Due to global supply chain constraints, any delivery date contained herein is a good faith estimate as of the date of this order/contract, and merely an approximation based on current information. Delivery updates will be made available, and a final firm delivery date will be provided as soon as possible.

November 30, 2023

Fire Chief Steve Riley,

Village of Westmont

6015 South Cass Ave

Westmont, IL 60559

Subject: Proposal for one (1) Pierce Velocity Pumper Proposal / Bid # 1154

Dear Fire Chief Riley,
With regard to the above subject, please find attached our completed proposal. Pricing, is as follows, including prepay options.

PricingSummary: Sale Price – $1,172,000.00*
*Houston-Galveston Area Council (HGAC) Consortium Pricing 100% Performance Bond:
Should the Village of Westmont elect to have us provide a Performance Bond, $3,311.00 will need to be added to the above sale price.

1 0 0 % P r e p a y m e n t O p t i o n :
Should the Village of Westmont elect to make a 100% prepayment at contract signing, a discount of ($116,604.00) can be subtracted from the above “Sale Price” resulting in a
revised contract price of $1,055,396.00 OR $1,058,707.00 with Performance Bond.

50% Prepayment Option:
Should the Village of Westmont elect to make a 50% prepayment of $586,000.00 at contract signing, a discount of ($58,302.00) can be subtracted from the above “Sale Price

Prepayment Option:
Should the Village of Westmont elect to make a $390,000.00 prepayment by 1/20/2024, another $390,000.00 prepayment by 1/20/2025 and then the remaining balance ($295,222.00 or $298,533.00 with Performance Bond) by 1/20/2026, a discount of ($96,778.00) can be subtracted from the above “Sale Price”

Net due prior to vehicle(s) release at the Pierce Manufacturing Plant (Appleton, WI). Net due at Contract signing for Prepay discount to be applicable.
Delivery – 45.5- 48.5 months from receipt and acceptance of contract.

thanks Daniel