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File #: 2022-1325    Version: 1 Name:
Type: Resolution Status: Action
File created: 3/1/2022 In control: Board of Commissioners
On agenda: 4/26/2022 Final action: 4/26/2022
Title: Commission District(s): All CO - Consent to Assignment of Contract No. 1176858 from Otto Environmental Systems North American, Inc. to Duramax Holdings, LLC: for use by PW-Sanitation. Consists of the Consent to Assignment to transfer remaining funds and contract term to Duramax Holdings LLC, dba Otto Environmental Systems. No change in the contract's terms, conditions or prices.
Attachments: 1. Consent To Assignment Agenda Notes, 2. Duramax Holdings - Asset Purchase Agreement, 3. Signed Otto Letter Of Agreement

Purchasing Type: Change Order (CO)                               

Public Hearing:  YES      NO                                   Department: Purchasing & Contracting                                     

 

AGENDA ITEM:

Title

Commission District(s): All

CO - Consent to Assignment of Contract No. 1176858 from Otto Environmental Systems North American, Inc. to Duramax Holdings, LLC: for use by PW-Sanitation. Consists of the Consent to Assignment to transfer remaining funds and contract term to Duramax Holdings LLC, dba Otto Environmental Systems. No change in the contract’s terms, conditions or prices.

 

Body

Information Contact: Cathryn G. Horner, Chief Procurement Officer

Phone Number: (404) 371-6334

 

PURPOSE:

On November 19, 2021, Otto Environmental Systems North America, Inc. and Otto Industries North America, Inc. sold all property, inventory and contract rights to Duramax Holdings, LLC.  Duramax will conduct business as Duramax Holdings LLC, dba Otto Environmental Systems.  This request is for consent to assignment of Contract No. 1176858 to Duramax Holdings LLC, dba Otto Environmental Systems with no change in contract terms, conditions or prices.

 

RECOMMENDATION:

Recommended Action

Recommend approval of Consent to Assignment of contract to:

 

Duramax Holdings LLC, dba Otto Environmental Systems, 12700 General Drive, Charlotte, NC 28273

 

and authorize the Chief Executive Officer to execute the Consent to Assignment and all associated documents.

 

ADDITIONAL INFORMATION:

1. Contract Effective Date:    August 27, 2019

2. Contract Expiration Date:  August 31, 2022

3. Amount Spent To Date:                     $4,743,830.76 - Total

                                                                                       $460,894.00- Initial Term

                                                                                    $2,754,666.47 - 1st Renewal

                                                                                       $550,000.00 - 2nd Renewal

                                                                                       $978,270.29 - CO1

4. Funding:                                                               Enterprise (Operating) - Sanitation