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Approving Price Agreement with Aqua Smart for Seaquest Phosphates
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The Albuquerque Bernalillo County Water Utility Authority (Water Authority) currently uses Seaquest Phosphates in its water treatment operations. Seaquest provides corrosion control and scale to aid in the mixing of surface water and groundwater. This also helps prevent any potential leaching of lead and copper.
Resolution R-18-14 requires board approval for any purchase in an amount exceeding $500,000.
The Water Authority’s Financial and Business Services Division is recommending funding for this new price agreement cap to allow for the purchase of this product throughout the contract term. The estimated expenditure under this price agreement is expected to exceed $500,000; however, actual expenses will be incurred as the product is provided.
If approved by the Board, the price agreement will be issued by the Water Authority to enable Aquasmart to provide Seaquest phosphates for the contract term of four years. Approval of this item shall also serve as delegation of authority for the Executive Director to approve all future amendments to this price agreement, if any.
FISCAL IMPACT:
The Water Authority has budgeted funds to cover expenses pursuant to this price agreement.