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Multi year contracts

Discussion in 'Lawn Mowing' started by nobagger, Apr 10, 2005.

  1. nobagger

    nobagger LawnSite Gold Member
    from Pa
    Messages: 3,065

    I don't know if its me or our area but bidding this season on a couple of businesses won't happen again until 2007. I don't remember this many mulit year contracts last season. Is this the new thing in the Green industry or not. I approached a local bank and talked to the property manager and he told me they have a contract good thru- 2008 and the contract began in 2004. What a gravy train!
  2. Duramax99

    Duramax99 LawnSite Member
    Messages: 203

    Does that contract increase till 2008. Sounds like they will lock you in at 2004 rates until 2008. With prices going up at a constant rate I would be unwilling to agree to a four year deal.
  3. nobagger

    nobagger LawnSite Gold Member
    from Pa
    Messages: 3,065

    I don't know if there is a rate increase or not, but I agree with you. Man, if I could get one or two of those at maybe a 2 year deal.... :dizzy:
  4. ECS

    ECS LawnSite Bronze Member
    Messages: 1,733

    A plow company here does that. Give them a discounted price to sign a 5 year contract and it is locked in at that price.
  5. Frontier-Lawn

    Frontier-Lawn LawnSite Silver Member
    Messages: 2,955

    to bad its not paid all up front of half atleast ;) payup
  6. lampeslawnservice

    lampeslawnservice LawnSite Senior Member
    Messages: 323

    I had one of those this year also. It left room for each years price. I just put an increase in every two years. Maybe thats why I didn't get it. Oh well. I think property managers find this a way to make thier life easier and still lock in lower rates. :angry:

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