City of Fresno Agenda Regular Meeting 2026-06-04
IPS Awarded Multi-Year Parking Meter Supply Contract
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Description
Fresno will award a multi-year sole source contract to IPS Group, Inc. for parking meter equipment and supplies, capped at $1,366,000 annually for three years with three optional one-year extensions.
Contract Details
Contract Amount
Not to exceed $1,366,000 per year
Vendor
IPS GROUP INC
Agency
Fresno Yosemite International Airport Authority, CA
Contract Type
SUPPLIES
Document Date
June 3, 2026
Contract Term
Three years with option for three one-year extensions
Renewal Info
Initial three-year term with three optional one-year extensions; annual spending capped at $1,366,000.
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