20-10428
Price Agreement for preventive maintenance and repair services with Trane through a national inter-local agreement at an estimated annual cost of $51,125 for one year with the option to renew for four additional one year periods totaling $255,625 if all extensions are exercised; authorize the City Manager to execute the renewal optional 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
- Amount
- $256K
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
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Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Parks & Recreation
- Introduced
- September 30, 2020
- On agenda
- October 13, 2020
- Passed
- October 13, 2020
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