June 8, 2017 City Council Regular Meeting
Title
Motion to Renew Annual Agreement with Kone for Elevator and Escalator Maintenance
Description

The Savannah Airport Commission requests renewal of an an annual contract with Kone for elevator and escalator maintenance in the amount of $142,437.96. The term of the service agreement with Kone was amended on March 18, 2009, to be automatically renewed annually provided that price increases did not exceed 5% per year. 

Kone has continued to perform under this agreement in compliance with the 5% limit, but the current cost for this service agreement is $11,869.83 per month, or $142,437.96 per year.

The agreement renews annually and was previously renewed on February 28, 2016.

Recommendation

Approval

Contact
Brooks Stillwell, City Attorney
Financial Impact
$142,437.96. Airport funding.
Review Comments
Attachments
Signed Original Maintenance Agreement 3-03-2006.pdf
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