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HomeMy WebLinkAboutAgenda Statement 1980/01/22 Item 13Li I r ur l.t1ULH V1JIH COUNCIL AGENDA STATEMENT Item No. 13 For meeting of 1-22-80 ITEM TITLE RESOLUTION N0. X9-37 EXTENDING CONTRACT FOR ASPHALTIC CONCRETE SUBMITTED BY Purchasing Agent ~`'j'~ ITEM EXPLANATION (4/5TH'S VOTE REQUIRED YES NO X ) Resolution No. 9655 adopted June 26, 1980 approved awarding the contract to Sim J. Harris Company for the City's asphaltic concrete requirements for the period July 1 through December 31, 1979. The contract price provides for the following materials: MATERIAL PRICE PER TON 95-100% maximum aggregate 15.00 3/8" maximum aggregate 14.00 1/2" maximum aggregate 13.50 The contract contains an option to renew for an additional six (6) month period beginning January 1 through June 30, 1980. The maximum percentage of escalation allowed in the bid during this period is 20%. The bid specifications require, when an escalation clause is involved, prior notice of increases showing dates of price advance and allows cancellation by the City if it elects to do so. Due to current market conditions, the 20% escalation cost is not excessive and it is recommended that the contract be extended to cover the period January 1, 1980 through June 30, 1980. JVE:iro rvi i rn rTr+ C/~ (l 1 D 1 1 J Agreement Resolution X Ordinance Plat Notification List Other ENVIRONMENTAL DOCUMENT: Attached Submitted on FINANCIAL IMPACT Purchases shall be made only on availability of funds as certified by the Finance Officer. STAFF RECOMMENDATION Adopt resolution. BOARD/COMMISSION RECOMMENDATION N/A COUNCIL ACTION ~~'' Tim-~.~ by the City Grilncil of Chula Vista, Gatifornia ~~'~ Dated /-.~o1-~'O Form A-113 (Rev. 5/77)