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Item 4KITEM 4K Annual Purchase Agreement for signs and pavement marking materials Annual Purchase Agreement for Signs and Pavement Marking Purpose: Numerous purchases of materials for use in the repair, maintenance, and replacement of traffic control signs and pavement markings Reduce staff time required for redundant bid processing Provide for competitive pricing to facilitate purchases Annual Purchase Agreement for Signs and Pavement Marking Process: To provide for best possible value, supplies were divided into categories Staff solicited sealed bids for the most commonly used supplies from vendors Four bids were received on December 17th, 2010 Estimated quantities were used to compare vendor pricing Annual Purchase Agreement for Signs and Pavement Marking Funding: Funds are available from the following source: FY 2011 Operating budget for the Streets and Drainage Division 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. Questions?