COUNCIL COMMUNICATION
TO: Honorable Mayor and Council
FROM: Bill Young, Transportation and Streets Superintendent
SUBJECT:Title
Approve Amendment No. 1 Cooperative Purchase Agreement with Econolite Control Products, Inc., for purchase of Traffic Signal Equipment Required for South Palo Verde Boulevard at Acoma Boulevard, and Lake Havasu Avenue at Industrial Boulevard (Bill Young)
Body
FUNDING SOURCE:
Highway User Revenue Fund (HURF)
PURPOSE:
Approve Amendment No. 1 to Cooperative Purchase Agreement (500057) and expenditure over $50,000 for Fiscal Year (FY) 2023-24 with Econolite Control Products, Inc., in accordance with City Code § 3.10.010.3(A)(1).
BACKGROUND:
Econolite Control Products, Inc., manufactures and sells traffic signal equipment that is compatible with equipment that the City currently uses. Two (2) new traffic signal cabinets are needed to improve functionality of the three existing traffic signals. The cost for these traffic signal cabinets is $55,650.50.
COMMUNITY IMPACT:
The installation of the traffic cabinets will provide safety enhancements and upgrade existing infrastructure including two traffic signals for South Palo Verde Boulevard at Acoma Boulevard, and Lake Havasu Avenue at Industrial Boulevard. Utilizing the cooperative purchase agreement for this purchase provides greater efficiency and economy through leveraged pricing.
FISCAL IMPACT:
Funding in the amount of $55,650.50 was budgeted in the FY 2023-24 approved operating budget for the Highway User Revenue Fund.
ATTACHMENTS:
Econolite Quote
Amended Price Schedule
SUGGESTED MOTION:Recommended Action
I move to approve Amendment No. 1 to Cooperative Purchase Agreement Amendment with Econolite Control Products, Inc., for Traffic Signal Equipment as required, for annual expenditures to exceed $50,000 up to the amount allocated and available in the HURF budget for FY 2023-24 for unforeseen future purchases; and authorize City staff to exercise the option to renew the Agreement for four (4) additional years.