TITLE
Consider a memorandum/resolution authorizing a lease purchase agreement for the purchase of six (6) cardiac monitors for the Fire Department.
SUMMARY
AGENDA ITEM
Authorize a lease agreement for the purchase of six (6) cardiac monitors for the Fire Department
ORIGINATING DEPARTMENT
Fire Department
BACKGROUND INFORMATION
The Killeen Fire Department uses LIFEPAK monitors/defibrillators in its ambulances. It is necessary to have a standard defibrillator so paramedics do not have to struggle while providing life-saving care. It is in the best interest of the patients for there to be a single type of monitor/defibrillator that everyone providing care is trained to use, which maximizes patient care while minimizing the risk for mistakes.
DISCUSSION/CONCLUSION
Currently the Killeen Fire Department needs to replace six (6) LIFEPAK 12 monitor/defibrillators that have reached end of life, and the parts/servicing for them is no longer available. Physio-control (vendor) has provided a quotation which includes a 5-year servicing package with the first year being at no cost. Physio-control, through U.S. Bank Equipment Finance, is offering a lease purchase agreement for six (6) LIFEPAK 15 cardiac monitor/defibrillators. This purchase is exempt from the bidding process as a purchase necessary to preserve and protect the public health or safety of the city’s residents.
Effective December 2016, six (6) cardiac monitors will reach end of life. This would result in the Fire Department being required to cease operations of six ambulances if the monitor/defibrillators are not replaced.
FISCAL IMPACT
Amount financed: Six (6) LIFEPAK 15 cardiac monitors $218,487.24
Annual payment total is: $50,887.84
Breakdown as follows:
$43,697.44 Payment on amount financed X 5 years $218,487.24
$7,190.40 Service/maintenance agreement pass through X 5 years $35,952.00
$50,887.84 Total Physio Quote $254,439.24
Shipping & handling fee $185.00
First ye...
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