Long Beach

City Council

12. 26-56311 Recommendation to adopt resolution authorizing City Manager, or designee, to execute a contract, and any necessary documents including any amendments, with South Coast Fire Equipment, Inc., a distributor of Oshkosh Corporation, of Ontario, CA, for the purchase of an Oshkosh 6x6 Airport Crash Rescue Unit, on the same terms and conditions afforded to Sourcewell (Contract No. 082025-PMI), in a contract amount of $1,942,337, authorize a 10 percent contingency in the amount of $194,234, for a total contract amount of $2,136,571, inclusive of fees, plus all applicable taxes at a tax rate in effect at the time of the purchase; and Authorize City Manager, or designee, to execute a lease-purchase agreement, and related financing documents, with Banc of America Public Capital Corp., of San Francisco, CA, for the financing of the Oshkosh 6x6 Airport Crash Rescue Unit, payable over a 10-year period at an interest rate to be determined when the agreement is executed. (Citywide) Office or Department: Financial Management Suggested Action: Approve recommendation.