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2024 Recycling <br />Cart Ownership <br />RFP Discussion <br />➢City Owned Carts vs. Contractor Owned Carts <br />2017 Price Comparison <br />Vendor <br />Owned <br />Proposer1 $570,000 <br />Proposer2 $524,000 <br />Proposer3 $453,000 <br />Proposer4 $770,000 <br />City Owned Difference <br />$421,500 <br />$148,500 <br />$450,000 <br />$74,000 <br />$480, 000 <br />-$27, 000 <br />$800,000 <br />-$30,000 <br />2021 Price Comparison <br />Vendor <br />Owned <br />Proposer 1 $1,290,000 <br />Proposer 2 $910,000 <br />City Owned Difference <br />$940,000 $350,000 <br />$1,080,000-$170,000 <br />Vendor owned and city owned carts were calculated by taking the average cost per year for both 3 and 5 year terms (2017 price comparison) <br />Avg <br />Savings/year <br />$111,000 <br />Est. Service <br />Life <br />15 <br />15 Year <br />savings on <br />service <br />$1, 665, 000 <br />Average savings/year was based on average price difference for proposer 1 & 2 (2017 price comparison) <br />With the initial grant from Ramsey County, the 15 year capital cost plus cart maintenance (starting year 1) would be—$1,108,000 <br />