Title
Contract for Sale of Scrap Metals
Staff recommends extending the term of the contract with Trademark Metals Recycling LLC. for the removal and purchase of scrap metals.
Explanation
Scrap metals are picked up from various GRU utility operation sites and separated by various categories: aluminum, insulated and bare copper, steel, brass, bronze, stainless steel and streetlights. The amount paid to GRU is based on the American Metal Market published price for each category on the day of pickup, plus the Contractor's bid price.
The City Commission approved a contract with Ocala Recycling, now known as Trademark Metals Recycling LLC. on July 14, 2008. The initial contract ends September 30, 2011. A twenty-four (24) month extension of the contract is available upon mutual agreement of the parties and negotiation of the contract prices.
Trademark Metals Recycling LLC. was the first U.S. company to be awarded an efficiency certification by the Institute of Scrap Recycling Industries. Trademark Metals Recycling continues to provide excellent service to GRU and are responsive in meeting the requirements established by GRU for investment recovery. Since May 2009 GRU has been paid $461,004 for scrap metals.
Recommendation
The City Commission authorize the General Manager, or his designee, to execute an amendment to extend the contract with Trademark Metals Recycling LLC. (formerly Ocala Recycling) for twenty-four (24) months.
Fiscal Note
This contract allows for recovery of funds for those metals designated as scrap in the FY 2012 and FY 2013 budgets
Drafter
Prepared by Kathy E. Viehe, AGM Customer Support Services
Submitted by Robert E. Hunzinger, General Manager