Explanation
1. BACKGROUND:
This ordinance authorizes the Director of Public Service to modify a purchase contract with IPS Group, Inc. by extending the existing contract and increasing the amount authorized for expenditure for single space parking meter mechanisms, upgrade of meter mechanisms, annual meter management, service and components provided by IPS Group, Inc. for this contract with the Department of Public Service. This contract modification will be done through the sole source procurement provision of Columbus City Code Chapter 329.
Ordinance 1041-2010 authorized the original contract and provided the city with the ability to replace its entire inventory of over 4,000 parking meters, which have exceeded their designed service life, and to allow for expansion of the meter program. The contract terms included fixed costs for the parking meters and related services over the five-year contract period and are subject to the availability of funding and the approval of City Council.
This contract modification will provide a 5-year extension of the existing contract from the date of execution to September 2020. The management, support, parts, supplies and repair of the City's entire parking meter inventory is proprietary to IPS Group, Inc, meeting the sole source procurement provision of City Code Chaper 329. Future contracts and modifications shall be subject to approved appropriations and City Council approval.
In addition, this contract modification will provide funding for the annual meter management system ($650,000.00) and the maintenance and components ($70,000.00) as established under the contract.
The original amount of this contract authorized in ordinance 1041-2010 was $749,965.00 (EL010977).
The amount of the 1st modification was $521,000.00, authorized by ordinance 0360-2011 (EL011657).
The amount of the 2nd modification was $385,000.00, authorized by ordinance 0710-2012 (EL012678).
The amount of the 3rd modification was $500,000.00...
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