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Town approves letter of intent to reserve discounted Vactor truck for utilities
Summary
Council authorized staff to submit a nonbinding letter of intent to reserve a Vactor (vacuum) truck offered at a lower, near-term delivery price; staff said the vehicle could be delivered in October at a substantial savings versus lead-time pricing, and council recorded a motion and unanimous vote to approve the letter of intent.
Town of Smithfield water and sewer staff asked the council on March 4 for permission to submit a nonbinding letter of intent to reserve a Vactor (vacuum) truck available from a supplier at a discount if the town holds the unit for purchase after the July 1 budget year.
Public utilities staff presented the offer and the timeline. "There was an ... truck that was available and could be delivered, because the chassis was there, by October of this year at a significant savings," said Ted (public utilities), explaining the supplier's proposal that the town sign a nonbinding letter of intent reserving the unit for purchase after the new fiscal year if funds are approved. The staff…
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