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Annual Service Contract - page 35 / 43

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The intent of Operations and Maintenance Standards lies in the language related to the termination of the Service Contract. The Managed Assets are to be returned to the City for municipal operation at the end of the 20-year term of the Contract at a weighted life equal to 95% or better. In other words, the City is giving OMI high quality assets, and the City wants them returned in the same condition. But the City has no concrete methodology in place to hold OMI accountable for its actions. The City Staff’s disregard for the very Service Contract they drafted, will come back to haunt them.

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