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Select Board authorizes RFPs for highway truck replacements and requests financing options
Summary
The Select Board authorized the highway committee to send two RFPs (a RAM replacement and a 10-wheel international dump truck) with bids to be opened in late May and asked the committee to present financing options at the June meeting.
The highway committee presented a timeline and two RFP drafts for equipment replacement: one for a RAM replacement and one for a 10-wheel International dump truck to replace older equipment. Speaker 4 summarized the schedule: RFPs to be issued, bids opened May 22/26, financing research to follow and a decision planned for the June 9 Select Board meeting.
Committee members and the highway foreman discussed lead times (special-build trucks can take 2–2.5 years unless a vehicle is purchased off-the-lot), potential trade-in values, and financing models such as municipal loans and lease-purchase options. Speaker 4 said the goal is to return with two financing options for board consideration and to avoid draining reserve funds with large down payments.
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