20-9799
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
What this record is
- Held by
- CMB Industries, LLC 2 records across this site
- Amount
- $50K
- Runs until
- no end date published in this record
- Type
- amendment
- Field
- Vehicles & equipment
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…- Committee
- Fleet Services
- Introduced
- February 13, 2020
- On agenda
- March 3, 2020
- Passed
- March 3, 2020