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CONSENT AGENDA <br />ANALYSIS: <br />The bid amounts represent the total cost, if the County was to purchase all items included in the <br />bid, and does not represent an estimated annual expenditure. The estimated annual expenditure <br />for FY 2017/2018 is $70,000.00. The previous annual bid was awarded entirely to Universal Signs <br />and Accessories, with annual expenditures of: <br />FY 16/17 <br />$56,134 <br />FY 15/16 <br />$86,500 <br />FY 14/15 <br />$63,316 <br />The new bid represents modifications to pricing as compared to the previous bid for each section <br />as follows: <br />Section 1 <br />4% decrease <br />Section 2 <br />5.3% increase <br />Section 3 <br />.4% increase <br />SOURCE OF FUNDS: <br />Funds for the anticipated nurrhaseS ara avaiiahia in tha Traffir Fnainparina Trnffir rune Arrni int <br />Account Number <br />Account Description <br />vFY 17/18 <br />Proposed Budget <br />11124541-035360 <br />Traffic Engineering, Traffic Signs <br />$70,000 <br />RECOMMENDATION: <br />Staff recommends the Board: <br />• Award Bid Sections 1 and 3 to Osburn Associates and Section 2 to Traffic Supplies and <br />Distribution as the lowest responsive and responsible bidders meeting the specifications as set <br />forth in the Invitation to Bid. <br />• Authorize the Purchasing Division to issue blanket purchase orders for the period of <br />February 6, 2018 through February 5, 2019 to the recommended bidders, and; <br />• Authorize the Purchasing Manager to renew this bid for two (2) additional one (1) year <br />periods subject to satisfactory performance, vendor acceptance, and the determination that <br />renewal of this annual bid is in the best interest of Indian River County. <br />115 <br />