4.3 17-0395 Subject: Vehicle Detection Equipment
From: Finance Department
Recommendation: Adopt A Resolution Awarding A Contract In The Open Market To Iteris, For The Purchase Of Vehicle Detection Equipment In An Annual Amount Of Two Hundred Fifty Thousand Dollars ($250,000.00) Per Year For A Three (3) Year Term, January 1, 2018 To December 31, 2020 And The Option To Extend The Agreement Annually For An Additional Two (2) Years For A Total Not-To-Exceed Contract Amount Of One Million Two Hundred Fifty Thousand Dollars ($1,250,000.00) For A Total Term Of Five (5) Years
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