18-8136
Price agreement for maintenance and repairs for fitness equipment from Fitness Service of North Texas (upt to $15,900.40 annually) for one year with the option to renew for four additional one year periods totaling $79,502.00 if all extensions are exercised and authorize the City Manager to exectue 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
- $80K
- 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
- July 31, 2018
- On agenda
- August 21, 2018
- Passed
- August 21, 2018
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