Price Agreement for purchase of alternate daily cover from Space Savers, Inc. (up to $45,000 annually) for one year with the option to renew for four additional one-year periods totaling $225,000 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

Space Savers, Inc

Amount

$225K

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

Environmental Services

Requested by

Patricia Redfearn

Introduced

May 14, 2020

On agenda

July 1, 2020