Price agreement for building maintenance, repair and operating supplies and construction materials, tools and equipment from Lowes ($20,000) through a national inter-local agreement with National IPA (NIPA), HD Supply ($30,000) through a national inter-local agreement with US Communities, Fastenal ($170,000) through a national inter-local agreement with NIPA, W W Grainger ($250,000) through a national inter-local agreement (NIPA), and Home Depot ($280,000) through a national inter-local agreement with US Communities, at an estimated annual cost of $750,000, for one year with the option to renew for four additional one-year periods totaling $3,750,000 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 terms
What this record is
- Held by
- National IPA
- Amount
- $3.75M
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
- Field
- Construction
construction contracts in TX 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
- Purchasing
- Introduced
- August 1, 2017
- On agenda
- August 15, 2017
- Passed
- August 15, 2017
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