Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Procurement topic
No spam. Unsubscribe anytime.
Guilford Board awards transportation and custodial bids and authorizes capital equipment lease at 4.74% interest
Summary
The board awarded seven special-education transportation runs to low bidders (subject to the district contractor's right to match), approved custodial-supply awards for 60 items to lowest bidders, and authorized a multi-year capital equipment lease with Cogent Leasing and Financing at 4.74% after waiving additional bid requirements; transcript shows the interest rate clearly but the annual payment amount is unclearly transcribed.
At its July 8 meeting the Guilford Board of Education approved several procurement items: awarding special-education transportation runs to low bidders (subject to the incumbent contractor's matching right), awarding custodial-supply line items to the lowest bidders, and authorizing a multi-year capital equipment lease for technology and equipment.
On transportation, two vendors submitted bids for seven special-education bus runs. The board identified STS Transportation LLC as the low bidder on six runs and Coordinated Transportation Solutions as low bidder on the seventh. The district's contracted provider, Specialty Transportation, holds a contractual right to match any lowest bid; the board approved awarding the runs to the low bidders while noting Specialty Transportation's option to match.
For custodial supplies, nine vendors submitted bids across a list of 60 items used by district maintenance staff. The facilities department recommended awarding each listed item to the lowest bidder; the board approved the awards as presented.
On the capital equipment lease, the board was asked to waive competitive bidding because the lease is relatively small and has limited market interest among lenders. Cogent Leasing and Financing, Inc., the incumbent lessor, was the proposed awardee. The transcript records an interest rate of 4.74% and describes five annual payments, but the exact payment amount is unclearly transcribed in the meeting text; the board voted to waive bidding and to award the lease to Cogent. The motions passed unanimously.
