This Government Contract opportunity from Georgia was posted on May 8, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Guaranteed Equipment Buyback Commitment
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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AI Contract Overview
This contract outlines a financial guarantee commitment requiring the seller to repurchase a motor grader after a period of five years or once the equipment reaches 7,500 operating hours, whichever occurs first. The agreed buyback price is fixed at $80,000, and to secure this obligation, the contract mandates the establishment of a buyback reserve or an insurance mechanism. This ensures that funds or coverage are available to fulfill the repurchase commitment, mitigating financial risk for the buyer. The contract is issued by the Decatur County Board of Commissioners in Georgia as a subcontract under NAICS code 522298, which pertains to financial guarantees and related services. The solicitation was posted on May 8, 2026, with responses due by June 11, 2026. While some location and contact details are unspecified, the primary focus of the agreement is the financial mechanism that guarantees the future buyback, providing assurance to the governmental agency regarding asset lifecycle management and financial planning.
General Info
Agency
NAICS
Place of Performance
GA, USASet-Aside
Documents
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Timeline
Submission Closed
