Negative Travel Marine Forklift

The contract is for a Negative Travel Marine Forklift, which was awarded to Great Lakes Power for a total cost of $545,661. The forklift features a hydrostatic transmission, hydrostatic pump and drive system, John Deere 4.5L Tier 4 139HP diesel engine, and other specifications. The contract requires a down payment of $272,830.50 with order, $218,264.40 due ten days before machine ships from factory, and $54,566.10 net 30 of delivery date. • The forklift has a 20,000-pound capacity and a 129" wheelbase. • The forklift features non-marking tires and wireless remote controls. • The forklift has a 15' turning radius and a 40' four stage mast. • The contract was awarded based on the lowest and best bid, considering factors such as equipment being offered, compliance with specifications, warranties, qualifications of the bidder, and delivery date.