18-7797
Price agreement for Traffic Controllers and Cabinets from Iteris ($145,885 annually) and TrafficWare ($109,905 annually) through a Master Inter-local agreement with the City of Arlington for one year with the option to renew for three additional one year periods totaling $1,023,340 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
- Amount
- $1.02M
- 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
- Purchasing
- Introduced
- April 6, 2018
- On agenda
- April 17, 2018
- Passed
- April 17, 2018
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