Amendment to Blanket Contracts 47023952, 47023953 and 47023954 with UAP / NAPA Auto Parts for Inventory Management Services for Fleet Maintenance

net of all applicable taxes ($3,917,687 net of Harmonized Sales Tax recoveries), increasing the total contract target values from $36,576,827 to $40,426,755 net of all applicable taxes ($45,682,234 including all taxes and charges, $41,138,266 net of Harmonized Sales Tax recoveries) for the current contract term to December 29, 2024, and to increase the authorized Option Year Renewal value by an additional $2,766,006 net of all applicable taxes ($2,814,688 net of Harmonized Sales Tax recoveries) should the City choose to exercise it. The requested amendment is required to account for the anticipated over-expenditure due to inflationary increase in parts cost over the contract term and an increase in parts consumption to support repairing the City's fleet. The requested amendment will ensure that the current and future year periods have sufficient funds to allow for continuity of service delivery of vehicle parts to service the City's fleet. Parts inventory is required to maintain service levels for city-owned vehicles and equipment in accordance with legislated road safety requirements, to achieve asset lifespan, and to yield greater returns at the end of the asset life cycle. General Government Committee approval is required in accordance with Section 71-11.1C of the Toronto Municipal Code Chapter 71 (Financial Control By-law), where the current request exceeds the allowable threshold of $500,000 net of all taxes and charges

To increase the total blanket contract target value by a total of $3,849,928 net of all applicable taxes ($3,917,687 net of Harmonized Sales Tax recoveries), increasing the total contract target value from $36,576,827 to $40,426,755 net of all applicable taxes ($45,682,234 including all taxes and charges, $41,138,266 net of Harmonized Sales Tax recoveries) for the current contract term to December 29, 2024, and b. To increase the authorized Option Year Renewal value by an additional $2,766,006 net of all applicable taxes ($2,814,688 net of Harmonized Sales Tax recoveries), based on terms and conditions satisfactory to the General Manager, Fleet Services, and in a form satisfactory to the City Solicitor.