Item Coversheet
 CITY OF PLANO
COUNCIL AGENDA ITEM
Council Meeting Date:  9/11/2017

Department:  Public Works

Department Head: Gerald Cosgrove

Agenda Coordinator:  Nancy Corwin 972-941-7137

CAPTION


To approve an expenditure for Water Meter Parts for one (1) year with three (3) City optional renewals in the estimated annual amount of $104,002 from HD Supply Waterworks, Ltd. for the Public Works Department; and authorizing the City Manager to execute all necessary documents. Approved

FINANCIAL SUMMARY

 

Operating Expense

FISCAL YEAR:


2017-18; 2018-19; 2019-20; 2020-21

Prior Year
(CIP Only)

Current
Year

Future
Years


TOTALS

Budget

0

0

416,008

416,008

Encumbered/Expended Amount

0

0

0

0

This Item

0

0

-416,008

-416,008

BALANCE

0

0

0

0



FUND(S):  WATER & SEWER FUND



 


COMMENTS:  This item approves price quotes for providing water meter component parts to the City of Plano. The estimated expenditure to be purchased from this contract in FY 2017-18 is $104,002. Future expenditures will be made by Meter Services within the annual approved budget appropriations at an estimated annual expenditure of $104,002 for fiscal years 2018-19, 2019-20 and 2020-21 for a total of $416,008 assuming all option years are exercised. 

SUMMARY OF ITEM


The City is exempt from the competitive bid process for this purchase as allowed by Texas Local Government Code Chapter 252 Subchapter B Section 252.022(a)(7)(A). (City of Plano Internal Contract No. 2017-0428-X)

See Recommendation Memo.



Strategic Plan Goal:

Financially Strong City with Service Excellence

Plano Tomorrow Plan Pillar:

 


ATTACHMENTS:
DescriptionUpload DateType
Recommendation Memo8/28/2017Memo