Price Agreement for heavy-duty vehicle and equipment repair from Industrial Power, LLC through the City of Fort Worth, at an estimated annual cost of $50,000 for one year with the option to renew for one additional one year period totaling $100,000 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

Industrial Power, LLC 2 records across this site

Amount

$100K

Runs until

June 24, 2021 already ended calculated from the contract term stated in the record

Type

amendment

Field

Vehicles & equipment

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

Industrial Power, LLC also holds

Change Order #1 in the annual estimated amount of $35,000 with Industrial Power, LLC through an master interlocal agreement with NTTA to provide addit… $105K Grand Prairie, TX

Committee

Fleet Services

Introduced

June 24, 2020

On agenda

July 14, 2020

Passed

July 14, 2020