17-7162
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
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
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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
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