SUBJECT
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Consideration to ratify contract FY22-085 to Anderson Columbia, Weslaco, Texas, for the purchase of asphalt cold HMCL type B for Public Works and various City departments. Due to a surge in price of the raw materials required to produce cold mix products price rate increased. The term of this contract shall be for a period of one year for a total annual amount not to exceed $750,000.00. This is the second of three one-year extension periods. Funding is available in the General Fund - Public Works Construction Budget and Capital Improvements Funds and in the respective department's budgets.
Anderson Columbia
Hot-Mix Cold-Laid Asphalt (HMCL) Type B
New $91.00/per ton
Previous $86.70/per ton
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PREVIOUS COUNCIL ACTION
Renewal approved on 08/05/24
BACKGROUND
Due to a surge in price of the raw materials required to produce cold mix products price rate increased.
COMMITTEE RECOMMENDATION
None
STAFF RECOMMENDATION
recommendation
It is recommended to approve motion.
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Fiscal Impact
Fiscal Year: 2024
Budgeted Y/N?: Y
Source of Funds: Click or tap here to enter text.
Account #: 402-4310-533-2010
Change Order: Exceeds 25% Y/N: Click or tap here to enter text.
FINANCIAL IMPACT:
The purpose of this contract is to establish prices for the commodities or services needed, should the City need the 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.