Price agreement for 3M reflective sheeting through an Interlocal Agreement with the City of Fort Worth, at an annual estimated cost of $30,000 for one year with the option to renew for three additional one-year periods totaling $120,000 if all extensions are exercised and authorize the City Manager to execute the renewal options with aggregate price fluctuations of the lesser of up to $50,000 or 25% of the original maximum price so long as sufficient funding is appropriated by the City Council to satisfy the City's obligation during the renewal term(s)

What this record is

Amount

$120K

Runs until

no end date published in this record

Type

amendment

Read automatically from the title of the official record. The source document below is authoritative.

Committee

Public Works

Introduced

July 7, 2017

On agenda

July 18, 2017

Passed

July 18, 2017