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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID• — 1 Date: 2/12/2009 Requesting Department: Purchasing Commission Meeting Date: 3/12/2009 District Impacted: All Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Assignment of Medical Supplies Contract, Bid No. 34019(12 Purpose of Item: Law Department Matter ID No. The purpose of this item is to respectfully recommend that the Miami City Commission authorize the assignment of the Medical Supplies Contract, Bid No. 34019(12), from Tri-anim Health Services, Inc., to Bound Tree Medical, pursuant to Bid 34019(12), Sections 1.6 and 1.79 of the bid contract document under the same price, terms, and conditions. Background Information: Bound Tree Medical has sent written notice that, along with Tri-anim Health Services, Inc., they have both become subsidiaries of the same holding company, Sarnova, Inc. Through one of its wholly owned' subsidiaries, Samova, Inc., acquired all of the issued and outstanding capital stock of Tri-anim Health Services, Inc. In a separate but related transaction that closed on the same date as the acquisition of Tri-anim Health Services, Inc.'s stock, Samova, Inc., through another wholly owned subsidiary acquired all of the outstanding equity of Bound Tree Medical. After the consummation of these transactions, Sarnova, Inc., indirectly owns all of the equity of both Tri-anim Health Services, Inc. and Bound Tree Medical through various wholly owned subsidiaries. As of September 29t", 2008, Bound Tree Medical has begun supporting all Emergency Medical Services (EMS) activity for Tri-anim Health Services, Inc. Estimated annual amount is: $77,098.08 Budget Impact Analysis NO Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No.- NO o:NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: CIP If using or receiving capital funds Grants Final Approvals (SIGN AND DATE) Budget Risk Manage Purchasing A A Dept. Directo Chief o%<7� City Manage Page 1 of 1 7 Ord!s .i