Title
Regional Transit System Procurement of Buses (Federal Assets), Paint Services and Parts Inventory from the Central Florida Regional Transit Authority (LYNX) (B)
This is a request that the City Commission approve the procurement of buses, paint services and parts inventory from the Central Florida Regional Transit Authority (LYNX).
Explanation
The Regional Transit System (RTS) fixed route fleet consists of one hundred and five (105) transit buses. Forty-eight percent of this fleet exceeds their useful life expectancy. RTS purchases new buses when funding is available and acquires used buses and parts when it is not.
The Central Florida Regional Transit Authority (LYNX) has recently acquired new buses and desires to transfer the remaining balance of the federal interest on eleven (11) heavy-duty diesel powered transit buses to RTS. In order to maintain service levels and manage fleet costs, RTS would like to acquire these buses. The buses are 2001 Gillig standard floor transit buses that are 40' in length. The aforementioned assets are in good condition and can be placed into service with minimal maintenance. The addition of these assets will allow RTS to retire buses that are 1990 models, reduce maintenance and part costs associated with aged and diverse bus models while supporting RTS in its efforts to standardize its bus fleet.
The Central Florida Regional Transit Authority (LYNX) has offered to repaint the eleven (11) buses at a cost of $18,799.00 and has offered their existing inventory for these buses at a cost of $ 8,334.41. RTS recommends the purchase of the paint services materials as they are both offered at 35% of fair market value.
City Commission approval is required to accept these federal assets.
Fiscal Note
The Federal interest remaining in the eleven (11) buses is $ 272,570.21and would be assumed by RTS. LYNX has authorized the transfer of the aforementioned assets at no cost to RTS. The cost for painting the buses ...
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