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CONSENT AGENDA The bid amounts represent the total cost, if the County was to purchase all items included in the bid. Individual items will be ordered on an as needed basis. The estimated annual expenditure for FY 2014/2015 is $50,000.00. Osburn Associates, Inc. bid a slightly lower overall total for section one, however Universal Signs & Accessories bid a lower per item price on 44 of 63 items (or 70%) of that bid section. ANALYSIS: The previous annual bid was awarded to Universal Signs and Accessories, with annual expenditures of: $61,005.00 $49,911.15 $49,275.61 Line items on the bid were updated for this bid cycle to more accurately reflect items anticipated to be required, resulting in the addition of several items and removal of a number of others. For items common between the two annual bids, the new bid represents an approximate 18% decrease in price. SOURCE OF FUNDS: Funds for the anticipated purchases are available in the Traffic Engineering, Traffic Signs Account. 11124541-035360 Traffic Engineering, Traffic Signs $50,000 RECOMMENDATION: Staff recommends awarding the bid as follows: • Award to Universal Signs & Accessories of Fort Pierce, FL as the lowest responsive and responsible bidder meeting the specifications as set forth in the Invitation to Bid. • Authorize the Purchasing Division to issue blanket purchase orders for the period of October 21, 2014 through September 30, 2015 to the recommended bidder and • Authorize the Purchasing Manager to renew this bid for two (2) additional one (1) year periods subject to satisfactory performance, vendor acceptance, and the determination that renewal of this annual bid is in the best interest of Indian River County. APPROVED AGENDA ITEM BY: FOR: /9. atj-ig oseph A. Baird, County Administrator _46/7/4.e/ti 4907 Indian River Co Ap . roved Date Admin .SW: IILIMI Le: al III!ILSMIFBICI1Vrll Budget De•artrnent 1111111LAIENVIII weevil/p., Risk r, �):�' i0- 81