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  5. ›Heavy Equipment Lease Rental and Purchase Services

Awarded contract·Santa Fe County·New Mexico

Heavy Equipment Lease Rental and Purchase Services

Won by 4 Rivers +4 more$25MAwarded 6/30/2026Multiple Award
Contract source

Awarded vendors

  • 4 Rivers
  • Wagner Equipment
  • Equipment Share
  • Power Equipment Company
  • HERC Rentals

Description

This solicitation governs a multi‑vendor, indefinite‑quantity contract for Santa Fe County’s Public Works Department to obtain heavy‑equipment lease, short‑term rental, and purchase services. The County may award one or more price agreements to qualified equipment suppliers, with equipment ranging from wheel loaders and back‑hoe loaders to motor graders, dozers, rollers, excavators, water trucks, pavers, and related machinery. The contract is structured on a unit‑price basis, allowing partial bids, and requires new equipment for long‑term leases (used equipment only for short‑term rentals). Planned maintenance for long‑term lease equipment is invoiced on an hourly‑usage basis. The base term is four years with up to three optional two‑year extensions, and bids must remain valid for 90 days post‑opening.

Attached files

Key dates

Questions due
5/15/2026
Pre-bid meeting
5/12/2026
Bids closed
6/24/2026
Intent to award
6/30/2026
Awarded
6/30/2026
Contract modified
6/11/2026
Duration
4 years

Last updated

Details

Award type
Multiple Award
Procurement
Indefinite Delivery / Indefinite Quantity (IDIQ)
Solicitation
Invitation for Bid
Industry
Construction
NAICS
532410
Solicitation №
IFB 2026-0322-PW/JL

Contract value

$25,000,000

No explicit contract dollar amount is disclosed. Typical daily rates for heavy equipment (e.g., excavators $800‑$1,200, motor graders $900‑$1,500, dozers $1,000‑$1,800) suggest an average daily spend of roughly $1,200 per unit. Assuming the County utilizes an average of 15 units concurrently over a 4‑year base term (≈ 1,460 days), the rough spend would be 15 × $1,200 × 1,460 ≈ $26 million. Adding purchase options and optional extensions could push the total toward $30 million. Therefore a conservative ballpark estimate of $20‑$30 million is reasonable; using the midpoint yields an estimated contract value of about $25 million.

AI estimate from the award documents

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