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HomeMy WebLinkAboutbudgetary impactBudgetary Impact Analysis Department General Services Administration Division: Property Maintenance Division Commission Meeting Date: November 18, 2004 Title and brief description of legislation or attached ordinance/resolution: Resolution accepting the bid of Miami Electric Supply Associates for the purchase of streetlight fixtures and poles, on an as -needed contract basis, for a period of two (2) years, with the option to extend for two additional one (1) vear periods, in an amount not to exceed $26,738.42 for the first year and an increase not to exceed three percent (3%) for each subsequent year (2nd yr. $27,540.57/3r° yr. $28,366.79/0 yr. $29,217.79), for a total contract amount not to exceed $111,863.57. Funds are allocated from the Department of General Services Administration Account Code No. 504000.420119.6.707, subject to the availability of funds. 1. Is this item related to revenue? No ® Yes ❑ Revenue Source: 2. Is this item an expenditure? No ❑ Yes El Amount: $26,738.42 first vear, total contract $111,863.57. General Fund Account No: 504000.420119.6.707, subject to availability of funds. Special Revenue Fund Account No: CIP Project No: 3. Are there sufficient funds in Line Item? No: ❑ Yes: csi nds will be transferred from the following line items: ACTION ACCOUNT NUMBER TOTAL From $ From $ To $ To $ 4. Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? No ® Yes ❑ Project Name Total Bond Allocation 191 Series Appropriation Total Allocations/ Encumbrances Balance Dollars Spent to Date Comments: APPROVALS Verified by: Dept. of Strategi Performance Verified by CIP: (If applicable) Director/Designee Date: