Price agreement for Elevator PM, Monitoring, and Repair from Southwest Elevators, Inc. (up to $39,965.00 annually) for one year with the option to renew for four additional one year periods totaling $199,800.00 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

Southwest Elevators, Inc

Amount

$200K

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

Facility Services

Introduced

April 2, 2020

On agenda

July 1, 2020