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File #: 19-8852    Version: 1 Name: Price Agreement for Traffic Signal Heads from Consolidated Traffic, Inc. (up to $77,926 annually) for one year with the option to renew for four additional one year periods totaling $389,630
Type: Agenda Item Status: Consent Agenda
File created: 4/4/2019 In control: Public Works
On agenda: 4/16/2019 Final action: 4/16/2019
Title: Price agreement for traffic signal heads from Consolidated Traffic, Inc. (up to $77,926 annually) for one year with the option to renew for four additional one year periods totaling $389,630 if all extensions are exercised; and authorize City Manager to execute the renewal options with aggregate price fluctuations of the lesser of up to $50,000 or 25% of the original maximum price so long as sufficient funding is appropriated by the City Council to satisfy the City's obligation during the renewal term(s)
Attachments: 1. CC Bid Tab 19057.pdf, 2. Expenditure Info 19057.pdf

From

Glenda Peterson

 

Title

Price agreement for traffic signal heads from Consolidated Traffic, Inc. (up to $77,926 annually) for one year with the option to renew for four additional one year periods totaling $389,630 if all extensions are exercised; and authorize City Manager to execute the renewal options with aggregate price fluctuations of the lesser of up to $50,000 or 25% of the original maximum price so long as sufficient funding is appropriated by the City Council to satisfy the City's obligation during the renewal term(s)

 

Presenter

Gabriel Johnson, Public Works Director

 

Recommended Action

Approve

 

Analysis

The price agreement will be utilized by the Public Works, Streets Department, Traffic Signal Operations Division, to purchase traffic signal heads and parts for the repair of traffic signal heads.

 

Notice of bid# 19057 was advertised in the Fort Worth Star Telegram and Bid Sync. The bid was viewed by 17 vendors, including two from the City of Grand Prairie. There were no bids submitted by the Grand Prairie vendors. Five bids were received as shown on attachment A.

 

The low bid received from Consolidated Traffic, Inc. meets specifications and is recommended for award.

 

Financial Consideration

Funds are available in the FY 2018/2019 General Fund budget, Traffic Signal Maintenance (251310-63125) and will be charged accordingly on orders through the end of the current fiscal year. Funding for future fiscal years will be paid from that year's approved budgets.