REQUEST FOR CITY COUNCIL AND
CORONA UTILITY AUTHORITY ACTION
DATE: 07/03/2024
TO: Honorable Mayor and City Council Members
FROM: Finance Department
SUBJECT:
Title
APPROVE AN EIGHTH AMENDMENT TO THE MAINTENANCE/GENERAL SERVICES AGREEMENT WITH FASTENAL COMPANY FOR WAREHOUSE SUPPLY AND INVENTORY CONTROL/VENDING MACHINE PROGRAM SERVICES.
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EXECUTIVE SUMMARY:
This staff report asks the City Council to approve an Eighth Amendment to the Maintenance/General Services Agreement with Fastenal Company to increase the total compensation amount to $450,000 and extend the agreement term to June 30, 2026, for Warehouse Supply and Inventory Control/Vending Machine Program Services.
RECOMMENDED ACTION:
Recommended action
That the City Council
a. Approve the Eighth Amendment to the Maintenance/General Services Agreement with Fastenal Company to increase the total compensation by $65,000, from a total of $385,000 to $450,000 per fiscal year and extend the agreement term to June 30, 2026, for Warehouse Supply and Inventory Control/ Vending Machine Program Services.
b. Authorize the City Manager, or his designee, to execute the Eighth Amendment to the Maintenance/General Services Agreement with Fastenal Company in the amount of $450,000, including any non-substantive extensions, change orders, purchase orders, and amendments up to the amount authorized in Corona Municipal Code Section 3.08.060(J), which is equivalent to 10% or $45,000.
c. Authorize the City Manager, or his designee, to issue a purchase order with Fastenal Company in the amount of $450,000.
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BACKGROUND & HISTORY:
The City issued an agreement and purchase order to Fastenal Company (Fastenal), for warehouse supply and inventory control/vending machine program services in 2013. Fastenal owns and maintains the vending machines and inventory, while the city pays for items after they are dispensed from the machines. Vending is controlled through employee identification badges. Fastenal has been...
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