MAINTENANCEAPPROVED

City of Lakewood Council Meeting Agenda February 24 2025

Lakewood-Edgewater Traffic Signal Maintenance IGA Approved

Labor rates as per Attachment C ($42.58-$78.86/hr Jan 1, 2025; equipment $25.80-$78.53/hr; TBD rates after Mar 16, 2025); reimbursed direct costs for labor, equipment, materials, subcontractors; $7,960 (2023), $3,385 (2024) historical annual totalsCity of LakewoodCITY OF EDGEWATERFebruary 24, 2025

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Description

Lakewood City Council approved an Intergovernmental Agreement with the City of Edgewater to provide ongoing maintenance, repair, and emergency response services for Edgewater's traffic control equipment. Lakewood will be fully reimbursed for all labor, materials, and equipment costs based on published rates as well as for authorized external contractor expenses. The agreement takes effect in 2025 for a one-year initial term with up to four annual renewals.

Contract Details

Contract Amount

Vendor

CITY OF EDGEWATER

Agency

City of Lakewood, CO

Contract Type

MAINTENANCE

Document Date

February 24, 2025

Contract Term

1 year (effective 2025), renewable up to 4 additional 1-year terms (max 5 years total)

Renewal Date

2026-01-01

Renewal Info

Renewable annually with a maximum of four 1-year renewals (not to exceed 5 total years); rate adjustments may be made annually with 30 days' written notice; either party may terminate with 30 days' notice; review of hourly rates scheduled annually in March.