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Lease / Purchase for
New Cardiac Monitors
Presented By: Buddy Kuhn, Fire Chief
Item # 8
City Council Meeting
October 26, 2015
SUMMARY
Proposed lease / purchase for four (4)
new cardiac monitors and two (2) AEDs
Current cardiac monitors purchased in
2006
Currently five (5) monitors in service
Current monitors approaching 10 years
of service – will require upgrades
SUMMARY
Replacement discussed during FY 15 SAP
and budget meetings
Funding in-place and provided through
capital replacement fund paid by tri-cities
Maintains modern cutting edge technology
for advanced cardiac life support
Zoll Medical corporation provided the best
value bid - also low bid
SUMMARY
Bid awarded through NPP.gov – already pre-bid
for lowest pricing
Meets requirements of the Local Government
for competitive bidding
Obtained two quotes from current and proposed
new vendor
Zoll Medical accepted trade-in value for all five
(5) current monitors – ($6,000 per unit)
Zoll Medical will also provide two (2) Automatic
External Defibrillators - AEDs
FISCAL IMPACT
Trade in price of $30,000 applied towards
new purchase
Inclusion of two (2) AEDs
Lease / purchase option with 0% finance
charge
Total cost of $114,511.95
Four annual payments of $28,627.99
Maintains healthy balance in capital
replacement fund for upcoming purchases

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AH City Council Meeting 10/26/15 - Item # 8 Lease Purchase of Heart Monitors

  • 1. Lease / Purchase for New Cardiac Monitors Presented By: Buddy Kuhn, Fire Chief Item # 8 City Council Meeting October 26, 2015
  • 2. SUMMARY Proposed lease / purchase for four (4) new cardiac monitors and two (2) AEDs Current cardiac monitors purchased in 2006 Currently five (5) monitors in service Current monitors approaching 10 years of service – will require upgrades
  • 3. SUMMARY Replacement discussed during FY 15 SAP and budget meetings Funding in-place and provided through capital replacement fund paid by tri-cities Maintains modern cutting edge technology for advanced cardiac life support Zoll Medical corporation provided the best value bid - also low bid
  • 4. SUMMARY Bid awarded through NPP.gov – already pre-bid for lowest pricing Meets requirements of the Local Government for competitive bidding Obtained two quotes from current and proposed new vendor Zoll Medical accepted trade-in value for all five (5) current monitors – ($6,000 per unit) Zoll Medical will also provide two (2) Automatic External Defibrillators - AEDs
  • 5. FISCAL IMPACT Trade in price of $30,000 applied towards new purchase Inclusion of two (2) AEDs Lease / purchase option with 0% finance charge Total cost of $114,511.95 Four annual payments of $28,627.99 Maintains healthy balance in capital replacement fund for upcoming purchases