AGENDA CAPTION:
Title
Consider approval, by motion, of an Authorization of Change in Services adding a Consumer Price Index Increase of 2.3% which increases the City’s contract with Green Guy Recycling by $15,501.33.
Body
Meeting date: August 7, 2018
Department: Community Services - Rodney Cobb, Executive Director (by Lynda Williams, Purchasing Manager)
Amount & Source of Funding
Funds Required: $290,460.57
Account Number: 24006350-52295, XXXXXXXX.52295
Funds Available: $290,500
Account Name: Garbage-Recycling Contract, Recycling-City Facilities
Fiscal Note:
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Background Information:
In accordance with Section 5.2 of the City’s contract with Green Guy Recycling, the contract is adjusted upward by 2.3% which is equal to the net percentage change from the previous year in the Consumer Price Index (CPI) for Urban Wage Earners and Clerical Workers (all items), as published by the United State Department of Labor, Bureau of Labor Statistics.
This amendment (adjustment) will increase the contract by $15,501.33 for a total revised annual contract amount of $290,460.67.
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