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17-7037

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

Agenda Item Consent Agenda Introduced August 1, 2017

What this record is

Held by
National IPA
Amount
$3.75M
Runs until
no end date published in this record
Type
amendment
Field
Construction

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