18-8448
Price Agreement for security system equipment, installation, and monitoring from Videotronix, Inc. DBA VTI Security in the estimated annual amount not to exceed $700,000.00 through a National Interlocal Agreement with the State of Minnesota for an initial one-year term with the option to renew for one additional one-year period totaling $1,400,000, 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
- Held by
- Videotronix, Inc 6 records across this site
- Amount
- $700K
- Runs until
- November 14, 2019 already ended date calculated from a contract term stated in the record, not quoted directly
- Type
- contract
- Compared to
- $41K – $112K the middle half of 6 other Videotronix, Inc contracts; median $94K — this one sits well outside that, which a longer term or wider scope will do, but is worth reading
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Read automatically from the title of the official record. The source document below is authoritative.
Videotronix, Inc also holds
Purchase and installation of all security and door access control equipment for new Fire Station 3 from Videotronix, Inc. (dba VTI Security) in the am… Purchase and installation of all security and door access control equipment for phase two of the new City Hall project from Videotronix, Inc. (dba VTI… Ordinance amending the FY 2020/2021 Capital Improvement Projects Budget; Purchase and installation of a security system in the Main Library parking lo… Purchase and installation of all security and door access control equipment for phase two of the Fleet Service Center construction project from Videot… Purchase and installation of all security and door access control equipment for phase one of the new City Hall project from Videotronix, Inc. (dba VTI…- Committee
- City Council
- Introduced
- November 14, 2018
- On agenda
- November 20, 2018
- Passed
- November 20, 2018
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