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19-8621

Price agreement with Iron T Construction for Drainage Ditch Maintenance (up to $441,125 annually) for one year with the option to renew for four additional one year periods totaling $2,220,625 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 January 25, 2019

What this record is

Held by
Iron T Construction 2 records across this site
Amount
$2.22M
Runs until
no end date published in this record
Type
amendment
Field
Construction

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

Iron T Construction also holds

Resolution - A Resolution Authorizing a Change Order to the Contract with Iron-T Construction, Inc. for the Construction of Kimberly Court Drainage Im… $12K Mansfield, TX
Committee
Engineering
Introduced
January 25, 2019
On agenda
February 5, 2019
Passed
February 5, 2019