Lease of Excavator Including Maintenance, Parts and Labor

The County of Sacramento, Department of Waste Management and Recycling, is seeking to lease a track-type excavator for use at the Kiefer Landfill. The lease will include maintenance, parts, and labor, and the County is considering two lease options: a 3-year lease with 7,500 hours or a 4-year lease with 10,000 hours. The successful bidder will be required to provide the excavator and all necessary maintenance and repairs. The key aspects of the contract include: • The lease term: 3 years or 4 years • The number of hours: 7,500 hours or 10,000 hours • The monthly payment: $10,209.31 for the 3-year lease or $8,916.31 for the 4-year lease • The total cost: $367,536.16 for the 3-year lease or $427,982.88 for the 4-year lease • The hourly rate for exceeding lease hours: $40.00 • The model of the excavator: 2019 Volvo EC480E • The delivery time: 90 days