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

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

Parks & Recreation

Introduced

September 30, 2020

On agenda

October 13, 2020

Passed

October 13, 2020