Price agreement for potable water storage tank inspections, cleaning, and repair services from U.S. Underwater, Inc. ($62,603.00 annually) through an Inter-local agreement with the City of Carrollton. This agreement will be for an initial ten months with the option to renew for four additional one-year periods totaling $302,581.17 if all remaining extensions are exercised. 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

Underwater, Inc

Amount

$303K

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

Public Works

Introduced

December 2, 2019

On agenda

December 17, 2019

Passed

December 17, 2019