Title
Consider and take action on a resolution authorizing a one-year agreement with HD Supply Waterworks (Bid #16-008) for the purchase of line repair materials in an amount not to exceed $175,000 (Assistant City Manager)
Background:
Approval of this resolution will authorize the renewal of the unit price bid for the purchase of line repair materials from HD Supply Waterworks. Sealed bids for the purchase of water and sewer line repair materials were opened and evaluated on November 24, 2015. A total of two bidders provided bids with HD Supply Waterworks being the lowest bidder.
Council awarded the contract to HD Supply Waterworks on December 22, 2015 (Agenda Item 11H). HD Supply Waterworks has agreed to a one (1) year renewal option with no increase in price. The quantities listed are estimates and may vary. This bid was awarded on unit pricing. This will be the first renewal with the option to renew for one (1) additional year, including an escalation factor of not more than 3 percent (%).
Attachments:
1. Data Sheet
2. Proposed Resolution
3. Vendor Agreement
4. Bid Tabulation
5. Agenda Item 11H
FUNDING
{ } NOT APPLICABLE
{ x} Funds are available from Account #10207700 52620 - Line Repair-W/WW Utility System & Repair
{ } Requires Budget Amendment to transfer from Account #____________to Account # ___________________