Explanation
BACKGROUND: This legislation authorizes the Finance and Management Director to modify past, present and future contracts with Michael W Yost dba Tech Source LTD. Michael W Yost dba Tech Source LTD has been dissolved and the territory for the line of products acquired through this contract assigned to Taylor Truck Parts LTD. This ordinance authorizes the assignment of all past, present and future business done by the City of Columbus from Michael W Yost dba Tech Source LTD, 27-0528341, to Taylor Truck Parts LTD, 82-2621188.
No additional funds are necessary to modify the option contract as requested. There is no change in the type of products being procured and the original contract was formally bid. The original terms and conditions remain in effect.
EMERGENCY DESIGNATION: The Finance and Management Department respectfully requests this legislation be considered an emergency in order to maintain an uninterrupted supply of Tire Repair Products.
FISCAL IMPACT: No additional funding is required to modify the option contract. The Department of Finance and Management must set aside their own funding for their estimated expenditures.
Title
To authorize the Finance and Management Director to modify past, present and future contract(s) from Michael W Yost dba Tech Source LTD to Taylor Truck Parts Limited and to declare an emergency.
Body
WHEREAS, the Finance and Management Department, Purchasing Office has an option contract for Tire Repair Products for use by the Division of Fleet Management; and,
WHEREAS, Michael W Yost dba Tech Source LTD has been dissolved and the territory for the line of products acquired through this contract assigned to Taylor Truck Parts LTD and in addition to notifying the City, Taylor Truck Parts LTD has agreed to honor the past, present and future contracts and agreements; and,
WHEREAS, an emergency exists in the usual daily operation of the Department of Finance and Management, Division of Fleet Managem...
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