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Item 4EItem 4E Award Purchase of Paving Equipment Requested Action Award purchase of paving equipment from Holt Caterpillar Inc. in the amount of $470,695 through BuyBoard® government purchasing program Background Information Old paver failed and must be replaced In-house asphalt repair requires proper equipment Preventive maintenance prolongs asphalt pavement life Reduces impact on the public Roadway condition is important to residents Financial Considerations Paving Cost Comparison $8.64/s.y. vs. $12.00/s.y. BuyBoard® available FY11 Strategic Initiative funding Equipment Cost – Funded in FY-11 Asphalt Paver $292,787 Steel Drum Roller $101,039 Pneumatic Roller $76,869 Total $470,695 Questions?