Explanation
The Department of Public Utilities entered into a contract with The Herald, Inc. for the purchase of printing services for the Department of Public Utilities. These services include, but are not limited to prepress, printing, variable data imaging, finishing, fulfillment, CD production, and delivery services. This contract was the result of a Director's bid received on November 14, 2011 (SA004168). The Herald, Inc. was the lowest, responsive and responsible bidder (sole-bidder) and met all requirements of the specifications. The original contract was for a period of one (1) year with a (1) one year renewal option. The Department is pleased with their performance over the last year and would like to modify the original contract to enter into a second year, for a grand total of $130,298.00. The parties agree that the City at its option may determine that the services described in Category 2 of the contract are not required during the extended term, and the modification will reflect this agreement.
The company is not debarred according to the Excluded Party Listing System of the Federal Government or prohibited from being awarded a contract according to the Auditor of State Unresolved Findings for Recovery Certified Search.
Contract Compliance: 27-3190748, expires August 02, 2014
The Herald, Inc. does not hold MBE/FBE status.
1. Amount of additional funds: The amount of additional funds needed for this contract is $130,298.00. The original contract was established for $124,322.33. The total cost of the original contract and all modifications is $254,620.33. The modification represents funding added during the contract period for costs related to the services provided. The need for increased funding is to cover anticipated contract billings during fiscal year 2013.
2. Reason additional needs were not foreseen: The need for additional funds was foreseen, an extension is provided for in the original contract. This legislati...
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