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

no end date published in this record

Type

award

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