RECOMMENDATION(S):
APPROVE and AUTHORIZE the Purchasing Agent, or designee, to increase Purchase Order No. 18561 from $10,000 to $660,000 for the lease of Xerox copier equipment. Purchase Order No. 18561 issued April 13, 2007 was incorrectly issued in the lower amount.
FISCAL IMPACT:
Funding for the Xerox equipment lease is budgeted in General Services Department.
BACKGROUND:
The original Purchase Order was incorrectly issued for the amount of the monthly payment and not the entire lease amount. The estimated total, including maintenance costs, is $660,000 of which $431,796 has been paid to date.
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