From
Angi Mize
Title
Resolution determining local preference and price agreement for rebar and concrete steel supplies from Fabco, LLC (up to $35,898.40 annually) for one year with the option to renew for four additional one year periods totaling $179,492 if all extensions are exercised; and authorize the 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 terms
Presenter
Bryce Davis
Recommended Action
Approve
Analysis
This is an annual agreement for the purchase of rebar and concrete steel supplies to be used by the Public Works - Street Division for various projects throughout the City.
Notice of bid #18017 was advertised and viewed by 14 vendors. There was one Grand Prairie vendors available for this commodity. Three bids were received as shown on attachment A.
The bid from Fabco, LLC meets all specifications and is recommended using the 5% local preference allowed under section 271.9051 of the Texas Local Government Code. This section allows for the consideration of location of bidder’s principal place of business in awarding the bid if the bidder whose principal place of business is in the municipality and their bid is within five percent of the lowest bid price received. The municipality may enter into a contract with (1) the lowest bidder; or (2) the bidder whose principal place of business is in the municipality if the governing body of the municipality determines, in writing, that the local bidder offers the municipality the best combination of contract price and additional economic development opportunities for the municipality created by the contract award, including the employment of residents of the municipality and increased tax revenues to the municipality.
Fabco, LLC was established in 2014 and has 50 employees at their...
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