(ALL) Authorize Execution of an Amendment to the Agreement with Herc Rentals, Inc., Using an Omnia Partners Cooperative Contract for Equipment Rental and Related Services to Add an Additional One-Year Renewal Term in an Annual Amount Up to $1,033,542.00 for City Departments

Summary

This item authorizes an amendment to the existing agreement with Herc Rentals, Inc., to add an additional one-year renewal term for equipment rental and related services. The renewal term will run from November 1, 2026, to October 31, 2027, with an annual amount not to exceed $1,033,542.00. This amendment aligns the city's contract with the Omnia Partners cooperative contract expiration. The city has utilized Herc Rentals through this cooperative contract since November 2021, with several previous amendments to update equipment lists, pricing, and annual amounts.

Citizen Impact

This action allows city departments to continue renting necessary equipment without interruption. Residents will not see a direct cost increase as this is a renewal of an existing contract utilizing cooperative purchasing.

Confidence

high