20-10505
Price Agreement for OEM preventative maintenance, repairs, parts and equipment rental service, on heavy duty equipment from Holt Cat through a national interlocal agreement with BuyBoard at an estimated annual cost of $400,000.00. This agreement will be for one year with the option to renew for two additional one-year periods totaling $1,200,000.00 if all extensions are exercised. Authorize the City Manager to execute the renewal options 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
- $1.20M
- 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
- Requested by
- Venona McGee
- Introduced
- October 21, 2020
- On agenda
- November 3, 2020
- Passed
- November 3, 2020
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