Price agreement for guard rail removal and installation with Vann/Elli, Inc., at an estimated annual cost of $248,250 for one year with the option to renew for four additional one year periods totaling $1,241,250 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 term(s)

What this record is

Held by

Elli, Inc 2 records across this site

Amount

$1.24M

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.

Elli, Inc also holds

** Bid No. 2022-097 - Annual Contract for Installation and Removal of Guard Fence - Precinct 1 - Vann/Elli, Inc. Tarrant County, TX

Committee

Public Works

Introduced

January 12, 2018

On agenda

January 23, 2018

Passed

January 23, 2018

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