Award of Ariba Doc Number 2896836643 to Aqua Tech Solutions Inc., for Hot-in-Place Asphalt Patching at Various Locations, in the Toronto and East York, and Scarborough District for Transportation Services

This contract is for one (1) year plus two (2) additional option years. Should the option(s) be exercised, the General Manager of Transportation Services will request the Chief Procurement Officer to process the renewal under the same terms and conditions. Recommended Supplier: Aqua Tech Solutions Inc. Contract Award Value: $657,800 net of all applicable taxes and charges $743,314 including Harmonized Sales Tax and all applicable charges $669,378 net of Harmonized Sales Tax recoveries The contact is expected to commence on the date of award and end by December 31, 2021 Option Year 1: January 1, 2022 to December 31, 2022 $ 676,934 net of all applicable taxes and charges $ 764,936 including Harmonized Sales Tax and all applicable charges $ 688,849 net of Harmonized Sales Tax recoveries Option Year 2: January 1, 2023 to December 31, 2023 $696,643 net of all applicable taxes and charges $787,206 including Harmonized Sales Tax and all applicable charges $708,903 net of Harmonized Sales Tax recoveries The total potential contract award identified in this report including option years is $2,031,377 net of all applicable taxes and charges, $2,295,455 including all applicable taxes and charges. The total potential cost to the City including option years is $2,067,129 net of Harmonized Sales Tax recoveries. The above cost calculations for the Option Years reflect an estimated 3 percent yearly increase in the Consumer Price Index.