17-7434
Resolution determining local preference and price agreement for rebar and concrete steel supplies from Fabco, LLC (up to $35,898.40 annually) for one year with the option to renew for four additional one year periods totaling $179,492 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
- Fabco, LLC 2 records across this site
- Amount
- $179K
- 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.
Fabco, LLC also holds
Price agreement with FabCo, LLC., as the primary vendor, at an estimated annual cost of $81,855 and a secondary with Craddock Lumber Company at an est…- Committee
- Purchasing
- Introduced
- December 1, 2017
- On agenda
- December 12, 2017
- Passed
- December 12, 2017
- Enacted
- December 12, 2017
- Enactment no.
- RES 4922-2017