Consideration to award annual parts/labor service contract FY24-048 for off/road heavy and mid-size construction support equipment to: 1. Laredo Mechanical Industry, Laredo, Texas, in an amount up to $250,000.00 (Primary Vendor); 2. Bone’s Custom Cycles, Laredo, Texas, in an amount up to $225,000.00 (Secondary Vendor); 3. Nueces Power Equipment, Laredo, Texas, in an amount up to $200,000.00 (Secondary Vendor). All repairs will be done at the vendor's shop or at repair location and will be secured on an as-needed basis. The term of this contract shall be for a period of one (1) year beginning as of the date of its execution and is contingent upon the availability of appropriated funds. This contract can be renewed three (3) additional one (1) year extension periods, upon mutual agreement of the parties. Funding is available in the Fleet Management Fund.

Consent Agenda Passed Introduced February 28, 2024

What this record is

Amount: $250K
Runs until: February 28, 2025 already ended calculated from the contract term stated in the record
Type: award
Field: Construction

Read automatically from the title of the official record. The source document below is authoritative.