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Page 3 of 3 <br /> <br />The recommended grouped aggregate not-to-exceed contract amount is $1,250,000 through <br />June 30, 2026, which is within the maximum five-year contract term. Task authorizations <br />issued prior to contract expiration may require extensions of contract terms beyond the five- <br />year limit to allow for completion of authorized work, consistent with the provisions of the <br />original agreements. <br /> <br />There is no guarantee that the full authorized amount will be expended during the contract <br />term, and no minimum amount of work or compensation is guaranteed to any firm. All work will <br />continue to be assigned through task authorizations based on demonstrated operational need. <br /> <br />Prepared by: Submitted by: Approved by: <br /> <br />Adam Nelkie, Assistant Dir. <br />of Public Works - <br />Engineering <br />Siew-Chin Yeong, Director of Public <br />Works <br /> <br />Gerry Beaudin, City <br />Manager <br /> <br />Attachments: <br />None <br /> <br />Docusign Envelope ID: A9ABBCF8-233A-4F79-A452-372E661F5285