Award of Ariba Document Number 3338767540 to Aqua Tech Solutions Inc., for Chipping Loose Concrete from Various Locations Pertaining to the Frederick G. Gardiner Expressway in the City of Toronto for Transportation Services

The term of the agreement is to be for the period from date of award to December 31, 2022, with an option in favour of the City to extend the agreement on the same terms and conditions for an additional one (1) year extension. Should the option(s) be exercised, then the General Manager of Transportation Services Division will request the Chief Procurement Officer to process the renewals under the same terms and conditions. Recommended Supplier: Aqua Tech Solutions Inc Contract Award Value: $1,177,740 net of all applicable taxes and charges $1,330,847 including HST and all applicable charges $1,198,469 net of HST recoveries Contract is expected to start from date of award to December 31, 2022. Option Year 1: January 1, 2023 to December 31, 2023 $ 1,236,127 net of all applicable taxes and charges $ 1,396,824 including HST and all applicable charges $ 1,257,883 net of HST recoveries The total potential contract award identified in this report including the option period is $2,413,867 net of all applicable taxes and charges, $2,727,671 including all applicable taxes and charges. The potential cost to the City including the optional period is $2,456,352 net of HST recoveries. The above cost calculations for the Option Year reflect an estimated annual 5 percent increase as per the Consumer Price Index.