Price agreement for handicap ramp repairs, residential and school sidewalk repairs from New Star Grading at an annual cost of $1,893,300, with a secondary for HUB member, Axis Contracting, at an annual cost of $1,915,250, and a tertiary with Parking Lot Pros with an annual amount of $1,848,375. All agreements will be for one year with the option to renew for four additional one-year periods totaling $9,466,500 for New Star Grading, $9,576,250, with Axis Contracting and $9,241,875 with Parking Lot Pros, 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 term(s).
What this record is
- Held by
- New Star Grading
- Amount
- $9.58M
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
- Field
- Construction
construction contracts in TX that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Public Works
- Introduced
- December 16, 2020
- On agenda
- January 5, 2021
- Passed
- January 5, 2021
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