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Approval to piggyback the City of Margate Florida Contract #2014-006 for the purchase of “Asphalt Surface Preservation with Rejuvenation Agent” as needed, from Pavement Technology, Inc., in the estimated amount of $142,947.48.
(Fiscal Impact: $142,947.48)
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(Staff Contact: Robert McCaughan)
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Summary Explanation/Background:
The Public Works Streets Maintenance Division requests approval to piggyback the City of Margate Florida Contract #2014-006 for the furnishing and installation of “Asphalt Surface Preservation with Rejuvenation Agent” as needed, from Pavement Technology, Inc. As the lead agency for a joint bid with the City of Miami, the City of Margate issued bid 2014-006, and awarded a contract to the vendor listed above. The current contract is valid through May 7, 2019, and the City Code allows us to piggyback a contract of this type. The total estimated cost is $142,947.48. City Commission approval of this contract award is requested.
Origin of request for this action: Staff
Fiscal impact and source of funding: $142,947.48 from budgeted funds in account 302-7303-541.65-12 / 07925: Capital Projects / Road Resurface Program.
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