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
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