Price agreement for utility cut repair services with New Star Grading & Paving ($1,249,175 annually) and a secondary award to NPL Construction for one year with the option to renew for four additional one year periods totaling $6,245,845 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

What this record is

Held by

New Star Grading & Paving

Amount

$6.25M

Runs until

no end date published in this record

Type

award

Field

Construction

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

Committee

Public Works

Introduced

October 3, 2019

On agenda

October 15, 2019

Passed

October 15, 2019