City of Madison Board of Public Works and Safety Agenda Packet May 2026
City to buy $1.16M smart water meters
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Description
The City of Madison plans to purchase 2,854 Spectrum 30D smart water meters and related equipment from Metron-Farnier, Inc. for a total of $1,158,370.00, payable in three installments over two years following shipment. The agreement includes 10 years of Verizon cellular service for the meters and grants the vendor a purchase money security interest until fully paid.
Contract Details
Contract Amount
$1,158,370.00
Vendor
METRON-FARNIER INC
Agency
City of Madison, IN
Contract Type
EQUIPMENT
Document Date
May 3, 2026
Contract Term
Three payments over two years after shipment; payment schedule: $386,124 due 30 days after shipment, $386,123.00 due 1 year after shipment, $386,123.00 due 2 years after shipment
Renewal Info
One extra year of cellular data charges for the meters is included at no additional cost; no explicit auto-renewal terms for services beyond the stated quantities.
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