SUBJECT
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Consideration to award supply/services contract number FY24-098 to the lowest responsible bidder Midas Contractors of Laredo, Texas in an annual amount of up to $270,000.00 for the purchase of fencing repair services for the Utilities Department. These services shall be purchased on an as needed basis by the Utilities Department for repairs and new projects. The term of this contract shall be for a period of one year beginning as of the date of its execution. This contract can be renewed for three additional one-year extension periods, upon mutual agreement of the parties. Funding is available in the Waterworks & Sewer System Funds.
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PREVIOUS COUNCIL ACTION
None.
BACKGROUND
The City solicited formal bids and received two (2) bids through Cit-E-Bid for awarding a contract for fencing repair services for the Utilities Department. This contract establishes an hourly and cost-plus percentage rate on fencing repair services and materials supplied by the contractor. This contract has three (3) one (1) year extension periods. All services will be purchased 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. This contract will be the responsibility of and administered by the vendor and the City of Laredo Utilities Department.
Summary:
Description Midas Contractors Laredo Fence Materials
Cost Plus Mark-Up on Materials 15% 20%
Supervisor Hourly Rate (8 A.M. to 5 P.M.) $25.00 $45.00
Supervisor Hourly Rate (5:01 P.M. To 7:59 A.M.) $37.50 $65.00
Laborer Hourly Rate (8 A.M. to 5 P.M.) $15.00 $30.00
Laborer Hourly Rate (5:01 P.M. To 7:59 A.M.) $22.50 ...
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