Area company awarded low-speed vehicle contract with $18 million annual value

SARASOTA — National purchasing cooperative Sourcewell has awarded Cruise Car a four-year contract with an estimated annual value of $18 million.

The contract, which expands an earlier Sourcewell contract with Sarasota-based Cruise Car, means public entities nationwide will have access to Cruise Car products, greatly broadening the company’s profile and potential for clients, according to a press release. 

“We are thrilled to be selected by Sourcewell after a very competitive process,” says Nathan Kalin, president of Cruise Car, in a statement. “We look forward to being able provide our flexible low-speed, street-legal vehicles to states, counties, municipalities and other public agencies across the country.”

Sourcewell, formerly known as the National Joint Powers Alliance, is a public agency acting as a national municipal contractor serving more than 50,000 members. The release says it leverages the purchasing power of public agencies in all 50 states, using procurement methods that result in cooperative purchasing contracts that give Sourcewell members products and services of the highest quality, at the best price. 

According to a statement, Cruise Car already ranks as a top government supplier of specialty low-speed vehicles for non-golf applications from its earlier Sourcewell contract, shipping to public entities across the country, resorts, universities and more than 30 countries.

Cruise Car builds each vehicle to the specific needs of the buyer, including terrain, weather, speeds, torque, custom accessories and colors, acceleration rate and custom fabrication. The company offers ADA-type vehicles designed for wheelchair access and medic transports.

Cruise Car Inc. provides light utility vehicles for government agencies and is now moving into the private sector.