Renewal entered into with:
Vendor: Nalco Company, Naperville, IL
Amount: An estimated $195,000
Renewal: 1st of 4, 7/1/2008 through 6/30/2009
Pricing Changes: 3.6% increase
Service/Product Changes: None
Comments: Based upon continuing need and availability of funds, the University believes it is in its best interest to accept this renewal option. The increase of 3.6% falls under the 5% cap of the original bid and is in line with the Consumer Price Index.
The University award process may be delayed up to thirty days as this award goes through a state approval process.