Price agreement for hot mix asphalt from Reynolds Asphalt and Construction Co. for an annual cost of $450,000 through a Master Interlocal Agreement with the City of Arlington for one year with the option to renew for four additional one year periods totaling $2,250,000 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 term(s)
What this record is
- Held by
- Reynolds Asphalt and Construction Co 4 records across this site
- Amount
- $2.25M
- 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
- Compared to
- $710K – $2.25M the middle half of 4 other Reynolds Asphalt and Construction Co contracts; median $2.25M
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.
Reynolds Asphalt and Construction Co also holds
Consider authorizing the City Manager to negotiate and enter into a contract for an amount not to exceed Seven-Hundred Ten-Thousand and No/100 Dollars… Authorize the City Manager to negotiate and enter into a contract for an amount not to exceed Four Hundred Forty Thousand, Seven Hundred Thirty-Four a… Renew the price agreement for pavement resurfacing services Amendment No. 3 with Reynolds Asphalt and Construction Company, in the amount of $4,013,71…- Committee
- Public Works
- Introduced
- November 28, 2018
- On agenda
- December 11, 2018
- Passed
- December 11, 2018
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