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Title:
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Use of a Cooperative Contract for a 32-Month Term Contract with a Two-Year Renewal Option for Equipment Rental and Related Services for the Energy Resources Department (Citywide)
This contract will provide long-term and short-term rentals of heavy duty trucks and equipment. Energy Resources utilizes heavy duty trucks and equipment for daily operations when City equipment is down or inoperable and when spare vehicles are in-use.
The Energy Resources Department and Purchasing recommend authorizing the purchase using the OMNIA (State of North Carolina) cooperative contract with Herc Rentals, Inc. at $300,000 annually, based on estimated requirements, with an annual increase allowance of up to 5%, or the adjusted Consumer Price Index.
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