The Sewer Maintenance division is requesting to replace existing compact loader for asset #3968, a Bobcat T250, which was purchased on 11-4-2009 from KC Bobcat for $43,799. The typical life cycle of this piece of equipment is 10 years: the current loader is 12 years old. This machine is essential to the daily functions of repair to, and new construction of, storm water infrastructure. The repair cost of normal wear and tear on a machine of this type and age are beginning to have significant fiscal impact.
The current value of this asset is $23,000. Repair costs in the past 2 years have exceeded $6,500. Currently, the asset requires a new compressor and wiring harness. The additional repair estimate for these replacements are $8,000. This places the cost of recent and needed repairs well past 60% of the current market value for this asset. Given the age of the existing equipment and anticipated additional repairs associated, replacement is recommended.
The new compact loader will be purchased from Clark Equipment, dba KC Bobcat, using the state of Missouri’s - Missouri Loaders contract #6052CO00123. Purchases under cooperative agreements are authorized by Section 8.06.004 which states that when cooperative bids or contracts are used, they will first have been established pursuant to generally accepted governmental purchasing practices and the competitive bidding process.