HomeMy WebLinkAboutM-88-1055CITY OF MIAMI. FLORIDA
INTER -OFFICE MEMORANDUM
TO. The Honorable Mayor and
Members of the City Commission
FROM
Cesar
City
H. Odi
Manager
RECOMMENDATION:
DATE: O � � ? 988 FILE
W 91
SUBJECT. esolutlon Authorizing the
City Manager to Execute an
Agreement with Shelter
Advertising of America, Inc.
REFERENCES
October 13, 1988
ENCLOSURES Commission Meeting
It is recommended that the City Commission adopt the attached
resolution authorizing the City Manager to execute an agreement,
in a form acceptable to the City Attorney, with Shelter
Advertising of America, Inc. for the installation and
maintenance of bus shelters within the City of Miami.
BACKGROUND:
The Department of Public Works has evaluated the proposals
received on August 24, 1988, in connection with the Bus Shelter
RFP. It has been determined that the proposal submitted by
Shelter Advertising of America, Inc., is the most responsive and
responsible, and provides the highest revenue to the City. Two
bids were received; both bidders substantially comply with the
City of Miami's minority participation goals.
The RFP indicated proferred revenue to the City either as a flat
fee, or as a percentage of income produced by advertisements.
According to current industry standards, if the advertising
revenue is estimated at $2,000 per year per shelter, it is more
advantageous for the City to use the flat fee schedules provided
in the proposal. Of these, the one submitted by Shelter
Advertising of America, Inc., offers the best returns.
The installation of these shelters will offer protection from the
sun and rain, a convenience to the traveling public. The
proposed agreement is for five years with two additional five
year periods, if the company is in good standing. The
anticipated revenue if the contract runs for the full fifteen
years is $2,017,100. This revenue is based on fixed flat fees
for each bus shelter that Shelter Advertising.of America, Inc.
installs.
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