Explanation
BACKGROUND: This legislation is to change the company name and Federal Identification number for contracts and purchase orders currently in process and/or established with APO Holdings Inc., due to a change in operation from an S Corporation (INC) to a Limited Liability Company (LLC). This ordinance authorizes the assignment of all past, present and future business done by the City of Columbus from APO Holdings Inc., Fed Tax# 34-1760124 to APO Pumps & Compressors, LLC., Fed Tax# 47-5547272.
1. Amount of additional funds: N/A
2. Reason additional needs were not forseen: Unaware APO Holdings was in the process of reformating their company from an INC to a LLC.
3. Reason other procurement processes not used: Emergency legislation requested to submit new purchase orders to vendor for goods awarded on previous purchase orders.
4. How cost was determined: N/A
FISCAL IMPACT: No additional monies are required to modify the contracts. Each agency must set aside their own funding for their estimated expenditures.
In order to maintain an uninterrupted supply of parts, materials, equipment and/or service to City agencies using Universal Term Contracts and open Purchase Orders, this ordinance is being submitted as an emergency.
Title
To authorize the Finance and Management Director to modify past, present and future contracts and purchase orders with APO Holdings, Inc.; and to declare an emergency.
Body
WHEREAS, APO Holdings, Inc., has changed their operations and new name and federal tax ID number and notified the City of the re-organization to APO Pumps & Compressors, LLC.; and
WHEREAS, the new entity has agreed to honor the past, present and future contracts and agreements; and
WHEREAS, the Finance/Purchasing Office and other agencies have issued several one-time purchase orders established with APO Holdings, Inc. under their previous name and Federal Tax ID number; and
WHEREAS, an emergency exists in the usual daily operation of the Depart...
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