24-0264
Award Contract for Visalia Transit Management, Operations and Maintenance - Authorize the City Manager to award a 5-year base contract to RATP Dev not to exceed $109,000,000, with the option to have five (5) single option years up to ten (10) years, appropriate an additional $6,000,000 from the Transit Operational fund balance, and hear the first reading of Ordinance 24-08 as is required by the City Charter for lease agreements with a duration of longer than five (5) years.
What this record is
- Amount
- $109.0M
- Runs until
- June 25, 2029 3 years away date calculated from a contract term stated in the record, not quoted directly
- Type
- award
- Field
- Real estate
real estate contracts in CA that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Visalia City Council
- Requested by
- General Services
- Introduced
- June 25, 2024
- On agenda
- August 5, 2024
Where it was heard
Visalia City CouncilWatch what Visalia buys
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