Price Agreement for Fleet Hydraulic Equipment Maintenance and Repairs from CMB Industries, LLC (up to $50,000 annually) for one year with the option to renew for four, additional one-year periods totaling $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 terms

What this record is

Held by

CMB Industries, LLC 2 records across this site

Amount

$250K

Runs until

no end date published in this record

Type

amendment

Field

Vehicles & equipment

Read automatically from the title of the official record. The source document below is authoritative.

CMB Industries, LLC also holds

Assignment of Contract for Fleet Hydraulic Equipment Maintenance and Repairs from CMB Industries, LLC to TLR Hydraulics, Inc. in the amount of $50,000… $50K Grand Prairie, TX

Committee

Purchasing

Introduced

December 28, 2018

On agenda

January 8, 2019

Passed

January 8, 2019