Price Agreement for Generator Maintenance from Holt Cat through a national inter-local agreement with Sourcewell for an initial fourteen month term at the cost of $53,778 with the option to renew for three additional one-year periods at an estimated annual cost of $46,095, totaling $192,063 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

Agenda Item Consent Agenda Introduced October 5, 2018

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