SUBJECT
title
Consideration to award contract FY24-060 Tire Lease/Purchase contract to the sole responsive, responsible, bidder Goodyear Tire & Rubber Company, Akron, OH in the amount of $556,032.40. This contract is for a period of five years with the option to renew an additional five year term upon mutual agreement and contingent upon availability of funds. The contract is to lease tires and/or purchase for transit vehicles. Funds are available in El Metro Operations Funds.
Year 1 $104,727.39
Year 2 $107,869.31
Year 3 $111,115.77
Year 4 $114,437.69
Year 5 $117,882.24
Total: $556,032.40
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PREVIOUS COUNCIL ACTION
None
BACKGROUND
The Goodyear Tire & Rubber Company has proven excellence service tract record, and stock all model tires we currently use. All items will be purchased on as needed basis throughout the contract period. The city’s obligation beyond the current fiscal year is contingent upon the availability of appropriated funds from which payments for the contract purchase can be made.
COMMITTEE RECOMMENDATION
N/A
STAFF RECOMMENDATION
recommendation
Staff recommends the approval of this resolution.
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Fiscal Impact
Fiscal Year: 2024
Budgeted Y/N?: Y
Source of Funds: El Metro Operations
Account #: 558-5813 & 558-5814
Change Order: Exceeds 25% Y/N: N
FINANCIAL IMPACT:
Funding is available in Fixed Route 558-5813-583-2072 and Para Transit 558-5814-583-2072.