Price Agreement for wrecker services from Dave's Hi-Way Wrecker (up to $750,000 annually) for one year with the option to renew for nine additional one-year periods totaling $7,500,000 if all extensions are exercised and uthorize 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

Dave's Hi-Way Wrecker

Amount

$7.50M

Runs until

no end date published in this record

Type

amendment

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

Committee

Police

Introduced

July 2, 2019

On agenda

July 16, 2019

Passed

July 16, 2019