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Price agreement for fiber restoration services with Gardner Telecommunications ($372,008 annually) and secondary to STS Utility Services, Inc. for one year with the option to renew for four additional one year periods totaling $1,860,040 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 longa as sufficient funding is appropriated by the City Council to satisfy the City's obligation during the renewal term(s)

Agenda Item Consent Agenda Introduced March 22, 2018

What this record is

Held by
STS Utility Services, Inc
Amount
$1.86M
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
contract
Field
Technology

technology contracts in TX that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee
Public Works
Introduced
March 22, 2018
On agenda
April 3, 2018
Passed
April 3, 2018

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