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Item 4K AudioSOUTHLAKE ITEM 4K Annual Purchase Agreement for signs and pavement marking materials Integrity Innovation Accountability Commitment to Excellence Teamwork Annual Purchase Agreement for Signs and Pavement Markings Purpose: • Numerous purchases of materials for sign and marking replacement • Reduce staff time required for redundant bid processing • Provide for competitive pricing to facilitate purchases U SOUTHLAKE VA Annual Purchase Agreement for Signs and Pavement Marking Process: • Supplies were divided into categories (to receive best possible value) • Sealed bids were received for the most commonly used supplies • Four bids were received on December 17th, 2010 • Estimated quantities were used to compare vendor pricing SOUTHLAKE 3 Annual Purchase Agreement for Signs and Pavement Marking Funding: • Funds are available from the FY 2011 Operating budget for the Streets and Drainage Division SOUTHLAKE 5 he City of Southlake provides municipal services that support the highest quality of life for our residents and businesses. We do this by delivering outstanding unrivaled quality in everything that we do. value and I - • C t Ac ' '62 Provide travel C3 Provide attractive and C4 Attract and keep top highest standards convenience unique spaces for businesses to drive -tier C5 Promote a opportunities Of safety and within City and enjoyment of personal dynamic and sustainable security region interests economic environment partnerships volunteer involy B1 Achieve B2 Collaborate with B3 Enhance resident B4 Provide best -in -class select partners to quality of life and high quality B51mprove performance B6 Op = 8 status in all City implement service business sustainability customer S I disciplines solutions through tourism service of delivery and use operational techn processes F1 Adhere to financial F2 Invest to provide and F3 Achieve fiscal management maintain high quality wellness F4 Establish an maintain eff principles and budget public assets standards internal " L3 Attract, L4 Recognize L5 rstand the strategy leadership develop and and retain a skilled r ar. hi informed aecjsjo - workforce r 5 Annual Purchase Agreement for Signs and Pavement Marking RECOMMENDATION: Award annual purchase agreement for signs and pavement marking to Pathmark Traffic Products of Texas, Inc. and Vulcan, Inc. 0 SOUTHLAKE A SOUTHLAKE Questions? Integrity Innovation Accountability Commitment to Excellence Teamwork