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 Evoqua Water Technologies LLC due to a change in the IRS regulations requiring this company to show the parent company, EWT Holdings III Corp FID 46-4091238 for federal tax purposes on its W9 Form. This ordinance authorizes the assignment of all past, present and future business done by the City of Columbus from Evoqua Water Technologies, FID #80-0909020 to EWT Holdings III Corp, FID #46-4091238.
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 or services] 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 Evoqua Water Technologies, LLC; and to declare an emergency.
Body
WHEREAS, the Finance/Purchasing Office has a universal term contract (UTC) for Basin Collector Parts as used by the division of Sewerage and Drainage; and
WHEREAS, Evoqua Water Technologies LLC has changed its name and federal identification number due to changes in IRS requirements, taken a new name and federal tax id number, and in addition to notifying the City of the IRS required change, EWT Holdings III Corp. 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, Purchasing Office in that it is immediately necessary to modify all contracts and purchase orders established and in process with the newly re-organized vendor, EWT Holdings III Corp., thereby preserving the public health, peace, property...
Click here for full text