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

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

Purchasing

Introduced

October 23, 2020

On agenda

November 3, 2020

Passed

November 3, 2020