FAYAT Cleantech America — Street sweepers

Master Agreement 062425-FAY is a cooperative purchasing contract between Sourcewell, a Minnesota service cooperative, and FAYAT Environmental Solutions Americas for the provision of street and specialty sweepers, including related equipment, accessories, and supplies. The agreement establishes a solutions-based procurement vehicle available to governmental, educational, nonprofit, and tribal agencies across the United States and Canada. The contract has an initial four-year term expiring on October 27, 2029, with the possibility of three one-year extensions for a total potential duration of seven years. Based on projected annual demand, the estimated total contract value ranges from 400 million to 700 million dollars. Under the agreement, FAYAT is required to deliver new, fully operational equipment that complies with ISO 9001:2015 and ISO 14001:2015 standards, along with comprehensive warranties and operator training. Pricing for participating entities includes a 5 percent discount on MSRP and additional quantity discounts ranging from 1 to 10 percent. Logistics are managed through a network of 35 independent dealers in the U.S., supported by a parts facility and a distribution center in North Carolina. The contract mandates strict adherence to various regulatory requirements, including the Davis-Bacon Act, the Clean Air Act, and federal domestic preference procurements.