17-7362
Price agreement amendment and renewal #1 for Security Systems Monitoring, with Dallas Security Systems, Inc., at an estimated annual cost not to exceed $48,505.92 and for a total cost not to exceed $242,529.60 if all four one-year renewal options are exercised; this action would amend the current contract establishing four (4) additional one-year renewals as well as executing renewal #1 extending the contract through December 31, 2018; and authorize the City Manager to execute any additional 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 term(s)
What this record is
- Held by
- Dallas Security Systems, Inc
- Amount
- $49K
- Runs until
- December 31, 2018 already ended date quoted from the award document
- Type
- amendment
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Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Purchasing
- Introduced
- November 9, 2017
- On agenda
- November 21, 2017
- Passed
- November 21, 2017
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