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RESOLUTION NO. 2021-46R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS REJECTING THE SOLE BID RECEIVED FROM <br /> DENBOW COMPANY, INC. IN RESPONSE TO AN INVITATION FOR <br /> BIDS (IFB NO. 221-034)[FOR AN INDEFINITE DELIVERY INDEFINITE <br /> QUANTITY AGREEMENT TO ASSIST THE SAN MARCOS ELECTRIC <br /> UTILITY WITH LARGE ELECTRICAL UNDERGROUND <br /> COMPONENTS; AND DECLARING AN EFFECTIVE DATE. <br /> RECITALS: <br /> 1. The City received one bid in response to an Invitation for Bids (11713 No. 221-034) <br /> for an Indefinite Delivery Indefinite Quantity agreement to assist the San Marcos Electric Utility <br /> with large electrical underground components from Denbow Company, Inc.. <br /> 2. After review of the bid,the City determined that the bid exceeds the current amount <br /> budgeted and that proceeding with an award of an Indefinite Delivery Indefinite Quantity contract <br /> at this time is not in the City's best interest. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS: <br /> PART 1. The bid received in response to 11713 No. 221-034 for an Indefinite Delivery <br /> Indefinite Quantity agreement to assist the San Marcos Electric Utility with large electrical <br /> underground components from Denbow Company, Inc. is rejected. <br /> PART 2. This resolution shall be in full force and effect immediately from and after its <br /> passage. <br /> ADOPTED on March 2, 2021. <br /> ane hson <br /> Mayor <br /> Att t: <br /> Tat my K <br /> nterim City Clerk <br />