Renewal of the price agreement with Professional Coating Technologies, Inc., DBA Fastphalt, through a master interlocal agreement with the City of Arlington, in the annual amount of $30,000 for a one-year period with the option to renew for two additional one-year periods totaling $90,000 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% or 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(s)

What this record is

Held by

Professional Coating Technologies, Inc 3 records across this site

Amount

$90K

Runs until

July 21, 2021 already ended calculated from the contract term stated in the record

Type

amendment

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

Professional Coating Technologies, Inc also holds

Price agreement for Asphalt Releasing & Cleaning Agents from Professional Coating Technologies, Inc. at an annual cost of up to $19,625 for one year w… $98K Grand Prairie, TX Price agreement for PHPM-50 from Professional Coating Technologies, Inc. DBA Fastphalt through a master inter-local agreement with the City of Mesquit… $90K Grand Prairie, TX

Committee

Public Works

Introduced

July 21, 2020

On agenda

August 4, 2020

Passed

August 4, 2020