SUBJECT
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Consideration to award a two-year supply contract with Buy Board vendor, Cubic ITS, Inc., Laredo, Texas, in the annual amount of $250,000.00 for a total contract value of $500,000.00 for the purchase of traffic signal equipment controllers, detection systems, and traffic signal cabinets for the Traffic Safety Department. This two-year contract shall utilize the Buy Board Contract 803-26. The term of this contract shall be for a period of two years as of the date of its execution. Funding is available in the General Fund - Traffic Safety Budget.
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PREVIOUS COUNCIL ACTION
Authorized participation in the Buy Board Cooperative Contract Purchasing Program.
BACKGROUND
Staff is requesting authorization for the purchase of traffic signal equipment controllers, detection systems, and traffic signal cabinets for the Traffic Safety Department. Purchases will be done on an as needed basis.
Buy Board Contract: 803-26.
Expiration Date: 5/31/29.
Discount off catalog price list: 50%.
COMMITTEE RECOMMENDATION
None.
STAFF RECOMMENDATION
recommendation
It is recommended that this contract be approved.
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Fiscal Impact
Fiscal Year: 2027
Budgeted Y/N?: Y
Source of Funds: General Fund - Traffic Safety
Account #: 101-2262-512-3045
Change Order: Exceeds 25% Y/N: No
FINANCIAL IMPACT:
All equipment will be purchased on an as need basis. 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