CC - Item 4B - Extension with Peek Traffic/ Signal Maintenance Agreement ® e� staff
TO: HONORABLE MAYOR
AND MEMBERS
ROSEMEAD CITY COUNCIL
FROM: FRANK G. TRIPEPI, CITY MANAGE
DATE: MAY 18, 1999
RE: EXTENSION OF AGREEMENT WITH PEEK TRAFFIC/SIGNAL MAINTENANCE,
INC. FOR TRAFFIC SIGNAL MAINTENANCE SERVICES
Attached is a letter from Peek Traffic/Signal Maintenance, Inc. (SMI) requesting a one-year
extension to its current agreement with the City. SMI is requesting a 3.0% increase in rates for the
coming year. That request is in line with the most recent CPI report, which is attached for the
Council's review.If approved,the rates paid by the City would be$59.60 per month per intersection,
$47.68 per month for one flashing beacon near the Williams Elementary School, and $4.49 per
month per location for insurance costs.
SMI has maintained the City's traffic signals since 1981. Since then, the company has established
itself as reputable and reliable contractor. Staff recommends that the City Council approve a one-
year extension to the agreement.
RECOMMENDATION
It is recommended that the City Council approve a one-year extension to the City's agreement with
Peek Traffic/Signal Maintenance, Inc. (SMI) effective June I, 1999 through May 31, 2000.
ccmemosm'99 jls
COUNCIL AGENDA
MAY 2 5 1999
ITEM No. r. CC-B