The URL can be used to link to this page

Agenda 04/28/2020 Item #16E13 (Procurement Services Administrative Reports) (;(&87,9(6800$5< 5HFRPPHQGDWLRQ WRDSSURYHWKHDGPLQLVWUDWLYHUHSRUWVSUHSDUHGE\WKH3URFXUHPHQW6HUYLFHV 'LYLVLRQIRUFKDQJHRUGHUVDQGRWKHUFRQWUDFWXDOPRGLILFDWLRQVUHTXLULQJ%RDUGDSSURYDO 2%-(&7,9(7R SURPRWHDFFRXQWDELOLW\DQGSURYLGH WUDQVSDU HQF\WRWKHSXEOLFDQGJDLQWKH %RDUG¶VDSSURYDOUDWLILFDWLRQIRUYDULRXVSURFXUHPHQW UHODWHGWUDQVDFWLRQV &216,'(5$7,216 ,Q DFFRUGDQFH ZLWK WKH %RDUG¶V 3URFXUHPHQW 2UGLQDQFH DQG WKH 3URFXUHPHQW0DQXDOWKH3URFXUHPHQW6HUYLFHV'LYLVLRQSURGXFHV DUHJXODUDGPLQLVWUDWLYHUHSRUWZKLFK SURYLGHVIRU%RDUGDSSURYDORIWKHIROORZLQJWUDQVDFWLRQV x &KDQJH2UGHUVWKDWGRQRWH[FHHGWHQRIWKHFXUUHQW%RDUGDSSURYHGDJJUHJDWHDPRXQW DQGRUUHTXLUHFKDQJHLQVFKHGXOHQXPEHURIGD\V x $PHQGPHQWVWRFRQWUDFWV x $IWHUWKHIDFWPHPRVIURPYDULRXV&RXQW\'LYLVLRQVDVUHTXHVWHGE\WKH&OHUN¶V)LQDQFHVWDII IRUWKHWLPHO\SURFHVVRILQYRLFHV x 2WKHULWHPVDVGHWHUPLQHGE\WKH&RXQW\0DQDJHURUGHVLJQHHWKDWUHTXLUH%RDUGDSSURYDO 7KLVDGPLQLVWUDWLYHUHSRUWLQFOXGHVWKHIROORZLQJ x 7KUHHFKDQJHRUGHUVWKDWLQDJJUHJDWHPRGLI\FRQWUDFWVE\DQGDGGFDOHQGDU GD\VWRFRPSOHWLRQSHULRGVVHHDWWDFKHGVXPPDU\DQGEDFNXSIRUGHWDLOVDQG x =HURDPHQGPHQWVWKLVSHULRGZLWKDILVFDOLPSDFWRIDQG x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±3URFXUHPHQW6HUYLFHV 1DPH6DUD6FKQHHEHUJHU $0 6XEPLWWHGE\ 7LWOH0DQDJHU3URFXUHPHQW±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ƚĞŵƉĂŐĞηŽŶƚƌĂĐƚŽƌWƵƌĐŚĂƐĞKƌĚĞƌĂƚĞĞƐĐƌŝƉƚŝŽŶ ŽĨ WƌŽũĞĐƚ sĞŶĚŽƌ EĂŵĞ ŝǀŝƐŝŽŶ ŝƌĞĐƚŽƌ &ŝƐĐĂů /ŵƉĂĐƚ ĞƐĐƌŝƉƚŝŽŶ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³$IWHUWKH)DFW3URFXUHPHQWV´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³$IWHUWKH)DFW3URFXUHPHQWV´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³$IWHUWKH)DFW3URFXUHPHQWV´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³$IWHUWKH)DFW3URFXUHPHQWV´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ƚĞŵƉĂŐĞηŽŶƚƌĂĐƚͬ'ƌĂŶƚEŽ͘ŚĂŶŐĞηĂƚĞWƌŽũĞĐƚ EĂŵĞ sĞŶĚŽƌ EĂŵĞ ŝǀŝƐŝŽŶ WƌŽũĞĐƚ DĂŶĂŐĞƌ KƌŝŐŝŶĂů ŽŶƚƌĂĐƚ ŵŽƵŶƚ ƵƌƌĞŶƚ ŽŶƚƌĂĐƚ ŵŽƵŶƚ ƵƌƌĞŶƚ ŚĂŶŐĞ KƌĚĞƌ ŵŽƵŶƚ ZĞǀŝƐĞĚ ŽŶƚƌĂĐƚ ŵŽƵŶƚ й KǀĞƌ ŽĂƌĚ ƉƉƌŽǀĞĚ ŵŽƵŶƚ ŽŶƚƌĂĐƚ >ĞŶŐƚŚ ŚĂŶŐĞ ŝŶ ůĞŶŐƚŚ ;ĂǇƐͿ hƉĚĂƚĞĚ ĐŽŶƚƌĂĐƚ ůĞŶŐƚŚ ŚĂŶŐĞ ŝŶ ůĞŶŐƚŚ ;йͿ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±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¶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