sandy springs fire rescue fleet replacement request march 5, 2013
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SANDY SPRINGS FIRE RESCUE
FLEET REPLACEMENT REQUEST MARCH 5, 2013
sandyspringsga.gov
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Reason for Replacing the Fleet
Aging Fleet - Approaching 7 years of service
High Mileage - All but 2 are over 83,000 miles
Annual maintenance costs continue to rise
Down-time during repairs is increasing
sandyspringsga.gov
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Current Fleet / Mileage
4- Quints / 2-Engines
Quint-1 83,200 miles Quint-2 84,100 miles Quint-3 65,000 miles Quint-4 73,400 miles Engine-1 87,100 miles Engine-2 88,300 miles
sandyspringsga.gov
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Criteria for Replacing Fleet
Four criteria used to determine replacement
• Age from 7 to 10 years of useful life
• Maintenance history
• 80,000+ miles for fire equipment
• Down-time of fleet
sandyspringsga.gov
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Lengthened Replacement Cycles The consequence of lengthened replacement
cycles brings an increase in unexpected and costly repairs
After 7 years repairs become more frequent
Trade-in values decrease around $300K/Year
Cost of new vehicles increases annually
sandyspringsga.gov
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Why Replace the Fleet at 7 Years Trading-in the fleet at the 7 year mark
maximizes buy-back funds
Purchasing multiple apparatus at one time adds buying power and cost reductions
New warranties mean a reduction in maintenance costs
New fleet reduces down-time thus better service to the community
sandyspringsga.gov
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Solution to Current Fleet
Work with city leaders on new truck purchase
Trade-in current fleet to offset cost-payments
Design & Engineer fleet specific to COSS-SSFR
Work with a Vendor who will support needs
sandyspringsga.gov
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2nd Generation Fleet
Designed and Engineered for Sandy Springs• Stronger Motor, Suspension, Etc.
Increased service delivery capabilities• Foam System, Light Tower, Etc.
Upgrades from lessons learned• Design Features, Space
Enhancements, Etc.
sandyspringsga.gov
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New Pierce Fleet
New fleet will consist of:
Two (2) Engine-Pumpers
Four (4) Quints3 will have 105’ Ladder1 will have 100’ Platform
sandyspringsga.gov
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Costs & Financing
Equipment to be Financed
2 new Quantum Engines @ $584,539.00 $1,169,078.003 new Quantum Quint/Aerial@ $896,462.00 $2,689,386.001 new Quantum Quint/Platform @ $1,027,329.00 $1,027,329.00 Total (does not include extended warranties/extra equipment)$4,885,793.00
Full payment made to Pierce at time of order, deduct -$178,344.00 Subtotal of amount to be financed $4,707,449.00 Pierce is buying back our current fleet -$1,200,000.00
Total amount to be financed $3,507,449.00
sandyspringsga.gov
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Summary of Financing Options
Term 7 years 7 years 7 years
Interest 2.45% 1.90% 1.525%
Payments Monthly Monthly Monthly
Total/Year* $531,154.08 $535,519.29 $528,602.19
* Pierce total /year includes balloon payment at maturity
Pierce PNC SunTrust
sandyspringsga.gov
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The End
Thank You