Price Agreement with Traffic Logix for preformed speed cushions (up to $18,075 annually) for one year with the option to renew for four additional one year periods totaling $90,375 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 period

What this record is

Amount

$90K

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

Public Works

Introduced

February 6, 2020

On agenda

February 18, 2020

Passed

February 18, 2020