Ratify and approve previous equipment purchase from Itron, Inc. in the amount of $150,000; award a new agreement to Itron, Inc., a sole source provider, for ongoing annual maintenance to the Automated Metering Infrastructure (AMI) System, and the purchase of AMI modules and meter reading equipment; this new agreement will be for 15 months in the amount of $509,151.22, with the option to renew for four additional one-year periods, with a 5% annual increase on the maintenance, totaling $2,346,620.99 if all 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

Itron, Inc 10 records across this site

Amount

$150K

Runs until

no end date published in this record

Type

award

Field

Vehicles & equipment

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

Itron, Inc also holds

ENERGY AND ENVIRONMENT COMMITTEE REPORT relative to Amendment No. 2 to an Agreement No. 47560 between the Los Angeles Department of Water and Power (L… Los Angeles, CA Board of Water and Power Commissioners report relative to the Second Amendment to an agreement with Itron, Inc., for the Distribution Automation Commu… Los Angeles, CA To authorize the Finance and Management Director to enter into a Universal Term Contract for the option to purchase Itron Software Maintenance and Equ… Columbus, OH Authorizing Payment to ITRON, Inc. in the Total Amount of $110,857.42 for Renewal of Hardware and Software Maintenance Agreements for the Advanced Met… $111K Irving, TX Software Agreement - Itron, Inc. Camarillo, CA

All 10 records for Itron, Inc →

Committee

Engineering

Introduced

July 2, 2020

On agenda

September 1, 2020

Passed

September 1, 2020