FARMINGTON – It’s not over, until it’s over. At least as far as Farmington’s 1988 ladder truck goes.

A Pennsylvania fire company has withdrawn its bid of $118,000 for the ladder truck, Town Manager Richard Davis said Monday.

Selectmen have two options, he said. One is to award the truck to the next highest bidder. The other: Throw out all the bids and start the bidding process fresh, Davis said.

Selectmen are scheduled to address the issue at 6:30 p.m. Tuesday, at the municipal building..

Livermore Falls, the only other bidder for the truck, bid $105,000 for the E-One truck with a 110-foot ladder and about 1,100 hours on the engine.

“As a chief, I am still interested in the truck,” Livermore Falls Ken Jones said Monday.

The high bidder for Farmington’s truck was Greenock Volunteer Fire Co. of Greenock, Pa. The fire company set several conditions on its bid, including 60 days to inspect the truck and maintenance records and payment in full contingent on the sale of its ladder truck. Since the truck was bought through a broker, a 4 percent fee would be paid, leaving the town with $113,280.

There would be no broker’s fee to pay if Livermore Falls’ bid is accepted because the two towns worked directly with each other in the bid process and did not involve a broker, Davis said previously.

Voters in Livermore Falls approved spending up to $130,000 on the truck in January.

Farmington selectmen had allowed Greenock 30 days in late January to secure a loan to guarantee that the company could pay the full price for the truck by the time Farmington’s new Pierce pumper-ladder truck arrives on March 22.

It is not absolutely critical that the town has the $100,000 by the date the 2007 truck arrives because it’s already paid for, Davis said. The $789,191 truck was bought with money from an apparatus reserve account and a loan, he said. The $100,000 will be returned to the reserve account, he said.

It’s desirable to sell the old truck when the new one arrives because the town would have to find a place to store it until it sells, he said.