Versalift, A Time Manufacturing Company — Aerial lift trucks and equipment

Master Agreement 091125 is an Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract between Sourcewell, a Minnesota service cooperative, and Versalift, a Time Manufacturing Company. The agreement establishes a cooperative purchasing solution for public utility equipment, including aerial lift trucks, digger derricks, cable placing systems, directional drills, and related accessories and supplies. This contract is designed for use by governmental, educational, nonprofit, and tribal agencies across the United States and Canada. The initial term is four years, with the possibility of three one-year extensions for a maximum duration of seven years. Under the agreement, Versalift provides significant discounts to participating entities, including a 30 percent discount on aerial portions and a 15 percent discount on accessories, with additional quantity discounts ranging from 1 to 4 percent based on purchase volume. Equipment is delivered from installation locations throughout the U.S. and Canada with freight quoted at 2.50 dollars per mile. The supplier must comply with OSHA, ANSI, and ASTM safety standards, as well as federal regulations regarding recovered materials and the prohibition of certain telecommunications equipment. Versalift is required to provide quarterly sales reporting and pay administrative fees to Sourcewell on all transactions conducted under the contract.