12. PRICE PROTECTION:

City Council Meeting · 2026-05-12 · agenda_item

This item concerns a price protection clause for goods or services purchased by the City of Cocoa. The clause ensures the city receives the lowest net price and most favorable terms offered by a seller. If the city finds a comparable product or service at a lower delivered cost elsewhere, they can notify the seller. The seller then has fifteen days to match the lower price, or the city may purchase from the other source. Any goods or services bought elsewhere will be deducted from the total quantity under the agreement, but the agreement itself will continue. This is currently under review as part of a City Council meeting agenda. The scope of work involves the negotiation and potential adjustment of purchasing agreements. This early stage presents an opportunity for suppliers and service providers to engage with the city regarding their pricing and terms, potentially securing future business by demonstrating competitive offerings.