SUBJECT/RECOMMENDATION:
Title
Approve a blanket purchase order (BPO) with Municipal Water Works LLC of Sanford, FL, in the annual amount of $200,000.00 with the option for two, one-year term extensions for the purchase of service brass and brass valves (ITB 33-16) effective September 1, 2016, and authorize the appropriate officials to execute same. (consent)
Body
SUMMARY:
In response to the Invitation to Bid ITB (Invitation to Bid) 33-16, six bids were received on July 21, 2016. Municipal Water Works LLC represented the lowest responsive, responsible bidder for service brass and brass valves.
Municipal Water Works LLC will provide service brass and brass valves to Public Utilities, Water Division. The contract will be effective for an initial one-year period in the annual amount of $200,000.00 with two, one-year renewal options. Years two and three allow for cost increases based on the Producer Price Index. Renewal prices shall be firm for at least one year.
APPROPRIATION CODE AND AMOUNT:
0421-02051-550400-533-000-0000 $ 16,000.00 FY 15/16
0421-02051-550400-533-000-0000 $ 184,000.00 FY 16/17
Sufficient funding is available in the Water and Sewer Utility Fund operating cost center 0421-02051, Water Division, in the amount of $16,000.00 to fund the current fiscal year’s cost of the contract. The funding for the remaining balance of $184,000.00 will be included in the Water and Sewer recommended operating budget from the Director.
USE OF RESERVE FUNDS: N/A