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

no end date published in this record

Type

amendment

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