20-10431
Price Agreement for miscellaneous printing services from Absolute Color (up to $100,000 annually) for one year with the option to renew for four additional one-year periods totaling $500,000 if all extensions are exercised. Award a secondary to Prestige Business Solutions (up to $100,000 annually) to be used only if the primary is unable to fulfill the needs of the department 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
- Amount
- $500K
- 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
- Purchasing
- Introduced
- September 30, 2020
- On agenda
- October 13, 2020
- Passed
- October 13, 2020
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