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7026 - Amendment 4 Expenditure AuthorityCity of Denton _____________________________________________________________________________________ INFORMATION SHEET DEPARTMENT: Procurement & Compliance DATE: 11/14/22 SUBJECT Authorizing the spend authority with Compass Group USA, Inc., for vending machine services, providing for an expenditure amount not-to-exceed $49,000.00. BACKGROUND The initial contract approved by council on October 15, 2019 was for providing state-of–the-art current model vending machines for beverages/snacks and maintenance services in the designated locations throughout the City. The vendor provides machines free of charge with no lease or monthly charges, these machines will remain vendor property and will be returned to the vendor upon contract expiration or termination. Additional machines may be added any time at the City’s request. The contract was amended by purchasing on November 5, 2020 to provide a micro market service and related products at the Development Services Building. The market has a minimum monthly purchase amount of $2,400. Should the City fall short of the specified monthly minimum, the City agreed to subsidize the difference. Due to Amendment 2 we need to set a not to exceed expenditure amount of $49,000 to this contract. RECOMMENDATION To provide a not-to-exceed amount $49,000 FISCAL INFORMATION This service and products will be used citywide. Respectfully submitted: Lori Hewell Procurement and Compliance City Hall 215 E. McKinney Street Denton, Texas www.cityofdenton.com