The City of Port St. Lucie has entered into a contract with Altec Industries Inc. for the provision of public utility equipment with related accessories and supplies. The contract is valued at $251,696 and will run from June 14, 2023, to December 27, 2025. The equipment will be used for daily inspections and maintenance of traffic signals and streetlights. The contract was awarded through a cooperative agreement with Sourcewell, and Altec Industries Inc. was chosen based on their bid and the terms of the Sourcewell contract. Key features of the contract include the provision of a bucket truck, the requirement for the vendor to maintain insurance coverage, and the city's right to terminate the contract if the vendor fails to perform. Some of the key benefits of this contract to the city include improved response time for overhead projects, reduced downtime and repairs, and cost savings. The city has also determined that the original procurement was lawful, and the vendor has certified that it is not engaged in a boycott of Israel. The contract also includes provisions for notice, public records, and insurance, and the city has reserved the right to terminate the contract if the vendor fails to comply with these provisions.
Some of the key points of this contract include:
• The contract is for the provision of public utility equipment with related accessories and supplies.
• The contract is valued at $251,696.
• The contract will run from June 14, 2023, to December 27, 2025.
• The equipment will be used for daily inspections and maintenance of traffic signals and streetlights.
• The contract was awarded through a cooperative agreement with Sourcewell.
• Altec Industries Inc. was chosen based on their bid and the terms of the Sourcewell contract.
• The vendor is required to maintain insurance coverage.
• The city has the right to terminate the contract if the vendor fails to perform.
• The contract includes provisions for notice, public records, and insurance.
• The city has reserved the right to terminate the contract if the vendor fails to comply with these provisions.