Price agreement for armored car services from Trinity Armored Service (up to $94,271.55 annually) for one year with the option to renew for four, additional one-year periods totaling $471,357.75 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

Trinity Armored Service

Amount

$471K

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

City Council Development Committee

Introduced

September 7, 2017

On agenda

September 19, 2017

Passed

September 19, 2017