Title
Traffic Signals and Hardware
Action
Action:
A. Approve a unit price contract with General Traffic Equipment Corp. for the purchase of Traffic Signals and Hardware for an initial three-year term, and
B. Authorize the City Manager to renew the contract for up to two, one-year terms with possible price adjustments and to amend the contract consistent with the purpose for which the contract was approved.
Body
Staff Resource(s):
Debbie Smith, Transportation
Bryan Tarlton, Transportation
Explanation
§ The Charlotte Department of Transportation (CDOT) operates and maintains a transportation system that includes traffic signals and supporting infrastructure to manage traffic operations throughout the city.
§ CDOT maintains traffic signals at over 900 intersections across the city.
§ This contract will provide various traffic signal components such as signal housings, visors, backplates, and mounting hardware.
§ On January 29, 2024, the city issued an Invitation to Bid; three bids were received.
§ General Traffic Equipment Corp. was selected as the lowest responsive, responsible bidder.
§ At renewal, price adjustments may be considered based on legitimate and justified increases in the cost of doing business. The ability to consider price adjustments also allows the city to accept decreases, if warranted.
§ Annual expenditures are estimated to be $250,000.
Charlotte Business INClusion
Contract goals were not established on this Contract because there were no MWSBEs available to perform the work for the Contract.
Fiscal Note
Funding: CDOT Operating Budget