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Assignment of Contract for Fleet Hydraulic Equipment Maintenance and Repairs from CMB Industries, LLC to TLR Hydraulics, Inc. in the amount of $50,000 annually for one year, with the option to renew for four additional one-year periods, totaling $250,000 if all renewal options 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

Agenda Item Consent Agenda Introduced February 13, 2020

What this record is

Held by
CMB Industries, LLC 2 records across this site
Amount
$50K
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
contract
Field
Vehicles & equipment

vehicles & equipment 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.

CMB Industries, LLC also holds

Price Agreement for Fleet Hydraulic Equipment Maintenance and Repairs from CMB Industries, LLC (up to $50,000 annually) for one year with the option t… $250K Grand Prairie, TX
Committee
Fleet Services
Introduced
February 13, 2020
On agenda
March 3, 2020
Passed
March 3, 2020

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