From
Glenda Peterson
Title
Price agreement for aluminum traffic signs blanks with Vulcan Signs, Inc. (up to $45,000 annually) for one year with the option to renew for four additional one year periods totaling $225,000 if all extensions are exercised, and authorize the City Manager to execute 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
This contract is to provide blank aluminum traffic signs for the Grand Prairie Streets Division in accordance with the standards set forth by the Federal Highway Administration, Manual on Uniform Traffic Control Devices latest edition. Blanks will be used to print our own traffic signs for use around the City.
Notice of bid #19086 was viewed by 22 vendors. There was one Grand Prairie vendor available for this commodity who did not respond. Three bids were received as shown on attachment A.
The low bid from Vulcan Signs, Inc. meets specifications and is recommended for award.
Financial Consideration
Funds are available in FY 2018/2019 general operating budget (251910-63115) for Traffic Sign Maintenance, 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.