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`'r►' of suK Or e--piration of the then current contract term. In no event will the price be incra3ad or decreased b, a percentage greater than the parz,-intaye change reflected in the C.P.I. a3 published by the U.S. Department of Labor. If no adjustment request Is ruElv;zd from the Bidder, the City will awu� � z that the Bidder has agreed the optional term may be exercised without pricing adjustment. Any adjustment request mcJved after the commencement of a new option period may not be considered. The City reserves the right to negotiate louver pricing for the additional term(,) based on marker research informatfun or other factors that Influence price. The City reserves the right Lo apply any reduction in pricing for the additional term(,) based on the downward movemem of the applicable index. The City re,eerve, the right Lo rejeLT any price adju,unenu submiued by ute 8100er anDTor to noL exercise any otherwise available option period based on the proposes price aDjustments. Any conunuauon of the conLraLT beyond the Initial perlotl_ and any option suDsequenay exerciseD shall be aL the sole d6credon of the City, and noL a Mght or file niDDer. Renewals snail ue exercisea only when such conunuauon Is clearly In the Vest InteresL or rile Clty. 50Doula use nlDDer Decline Lee CiLy's rigML to exercise me option period, rfle City may consider the 6ioDer in Deraul[, wMlcM may arfeM the i3laDer's ellgiOliiry for ruture contracts. NOIc: LF MUE11PLE 15101JERS ARt aNVOCVED uNDER THE GIVEN CONTRACT, ANY UMORS i U RrNtw wiCC BE KESTRICTED TO THE SPECIFIC ITEMS OF WORK LN111ACCT AwARDEu TO ANY SPECIFIC BIDDER. i.S Flt i Fiuu ur AwARD Following the review of proposals, the lowest responsible, r,pansive bidder(s) meeting all terms, cundition5, and specifications of the ITB ,hall be recommended for award either by bid Item, bid grouN, or for the entirety of all bid items, as deemed In the best interest of the City. The City Manager may a6c; reject all proposals received. In determining the lowest responsible, n=,pun,ive bidder, and in addition to price, section 52-8 of the City Code provides that the City may con,lder the following: ■ The ablliLy, capacity and skill of Me Dlaoer to perrorm Me ContraR. ■ vvnemer use DiDoer can perform the Contract within the time zl'=ified, without delay or Interrerence. ■ The character, Integrity, reputation, judgment, experience and efficiency of the bidder. ■ The quallLy of perfurmance of previous conaduss. • i ne previous ana existing compliance Dy the bidder with laws and ordinance ralating to ;Ile Conrracr. City or sunny Isies IleacR I Invitation to Sit] Ido. li-o5-oi Lu1 eb' Luu&Nenpiug� 1ue. —4