Authorize Execution of Agreement with Traffic and Parking Control Co, Inc. d/b/a TAPCO, Using a TXMAS Cooperative Purchasing Agreement to Purchase Signs in an Annual Amount Up to $500,000.00 and Authorize Two Annual Renewal Options (ALL COUNCIL DISTRICTS)

It is recommended that the City Council authorize execution of an Agreement with Traffic and Parking Control Co, Inc. d/b/a TAPCO, using the Using a Texas Multiple Award Schedule (TXMAS) Cooperative Purchasing Agreement to Purchase Signs in an annual amount up to $500,000.00 and authorize two annual renewal options.

The Transportation and Public Works Department initiated a requisition for an Agreement to purchase pre-made signs, such as regulatory signs, safety signs, warning signs and street name signs.

Staff recommends awarding an Agreement up to $500,000.00 to Traffic and Parking Control Co, Inc., (TAPCO), using the Texas Multiple Award Schedule (TXMAS) Cooperative Purchasing Agreement TXMAS-8-78040.  No guarantee was made that a specific amount of services would be purchased.  Staff reviewed the pricing and found pricing to be fair and reasonable.

State law provides that a local government purchasing items under a Cooperative Purchasing Agreement satisfies state laws requiring that the local government seek competitive bids for purchase of items.  The TXMAS Cooperative Purchasing Contract TXMAS-8-78040 has been competitively bid to increase the purchasing power of government entities and simplify the process.

M/WBE OFFICE - A waiver of the goal for MBE/SBE subcontracting requirements was requested by the Purchasing Division and approved by the M/WBE Office, in accordance with the BDE Ordinance, because the purchase of goods or services is from sources where subcontracting or supplier opportunities are negligible.

Upon City Council approval, this Agreement shall begin upon execution of the Agreement.