Richmond to award multi‑year tire supply contract
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Description
The City of Richmond Public Works and Transportation Committee is being asked to award Contract 8397P to Fountain Tire Ltd. for the supply and delivery of vehicle and equipment tires and certified tire services. The proposed agreement would run for three years with two optional one‑year extensions, for a total estimated value of $2,019,744 over five years excluding taxes and contingencies.
Contract Details
Contract Amount
$1,009,872 (initial term), plus up to $201,974 contingency (initial term), plus additional estimated $673,248 and $134,650 contingency for two optional years; total estimated $2,019,744 over five years, all excluding taxes
Vendor
FOUNTAIN TIRE LTD
Agency
City of Richmond, Canada
Contract Type
SUPPLIES
Document Date
November 19, 2025
Contract Term
Initial three-year term, with option to extend for up to two additional one-year periods (maximum total term of five years)
Renewal Info
Initial three-year contract term with authority for the CAO and General Manager, Engineering and Public Works to extend for up to two additional one-year periods, subject to satisfactory performance and operational needs, for a maximum five-year term. Change orders up to $201,974 contingency are authorized for the initial term, with an additional $134,650 contingency for the optional years.
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