Price agreement for asphalt road surfacing products from JLB Contracting ($209,000 annually) through a Master Inter-local Agreement with the City of Fort Worth. This agreement will be for thirteen months with the option to renew for four additional one year periods totaling $1,045,000 if all extensions are exercised. 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
- Held by
- JLB Contracting 2 records across this site
- Amount
- $1.04M
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
- Field
- Construction
construction 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.
JLB Contracting also holds
Change Order #1 to price agreement with JLB Contracting, LLC, in the amount of $109,000 to add asphalt road surfacing products for the Water Division- Committee
- Purchasing
- Introduced
- August 24, 2018
- On agenda
- September 4, 2018
- Passed
- September 4, 2018
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