20-10521
Price agreement for overhead door & automatic gate maintenance, repairs and new installations from Door Tech of Texas (up to $187,339 annually) for one year with the option to renew for four additional one year periods totaling $936,695 if all extensions are exercised 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
- Held by
- Door Tech of Texas
- Amount
- $937K
- 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
- October 23, 2020
- On agenda
- November 3, 2020
- Passed
- November 3, 2020
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