Subject: Adopt an ordinance approving and authorizing a full and final settlement, confidentiality and indemnity agreement and release between the City of Houston and Professional Traffic Control, LLC. in the amount not to exceed $252,008.44 for pavement marking services for Houston Public Works.
Recommendation: The Director of Houston Public Works recommends that City Council adopt an ordinance approving and authorizing a full and final settlement, confidentiality and indemnity agreement and release between the City of Houston and Professional Traffic Control, LLC., in the settlement amount of $252,008.44, for pavement marking services for HPW.
Scope of Agreement and Release: On February 13, 2019 by Ordinance Number 2019-0087, City Council approved a work order contract to Professional Traffic Control, LLC. for pavement marking services (hereinafter “the services”), in an amount not to exceed $4,884,000.00. The contractor carried out the services over a three-year contract term, which ended on February 17, 2022. Upon completing final accounting, it was confirmed that HPW had exceeded the contract target value by $252,008.44. The City and Professional Traffic Control, LLC have agreed that $252,008.44 is owed to Professional Traffic Control, LLC. for the services provided from October 2021 to November 2021.
Fiscal Note: Funding for this item is included in the FY23 Adopted Budget. Therefore, no Fiscal Note is required as stated in the Financial Policies.
______________________________
Carol Ellinger Haddock, P.E., Director
Houston Public Works
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Estimated Spending Authority
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|
Department
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FY23
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Out Years
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Total
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Houston Public Works
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$252,008.44
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$0.00
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$252,008.44
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