SUBJECT
title
Consideration to renew annual supply contract number FY21-093 with Ferguson Waterworks of Mission, Texas, in an amount up to $224,764.00 for the supply of composite manhole rings and covers for the Utilities Department. The term of this contract shall be for a period of one year beginning as of the date of its execution and is contingent upon the availability of appropriated funds. There was no price increase during the last extension period. This is the last extension period for this contract. Funding is available in the Sewer System Fund.
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PREVIOUS COUNCIL ACTION
Approved a one-year contract on September 5, 2023.
BACKGROUND
This contract establishes pricing for the purchase of composite manhole rings and covers for the Utilities Department. There was no price increase during the last extension period. This is the last extension period for this contract. This contract shall be the responsibility of and administered by the vendor and the City of Laredo Utilities Department.
Pricing Summary:
Composite Manhole Ring Covers
Vendor Section II Total
Ferguson Waterworks $ 224,764.00
A complete bid tabulation is attached.
COMMITTEE RECOMMENDATION
None.
STAFF RECOMMENDATION
recommendation
Approval of motion.
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Fiscal Impact
Fiscal Year: 2024
Budgeted Y/N?: Yes
Source of Funds: Sewer System Fund
Account #: 559-4220-532-3030
Change Order: Exceeds 25% Y/N: No
FINANCIAL IMPACT:
The purpose of this contract is to establish prices for the commodities or services needed, should the City need to purchase these commodities or services. The City's obligation for performance of an annual supply contract beyond the current fiscal year is contingent upon the availability of appropriated funds from which payments for the contract purchases can be made. If no funds are appropriated and budgeted during the next fiscal year, this contract becomes null and void.