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Board approves temporary 14% copper sulfate price increase for Venera Chemical
Summary
Danbury’s Board of Awards granted Venera Chemical a 14% interim price increase for copper sulfate—raising the 50‑pound bag price from $116 to $132.24—after a supplier letter citing higher copper market prices. The increase applies through the end of June and was approved as a pending purchase order.
Chip Volpe, Danbury’s purchasing agent, told the board on April 29 that Venera Chemical, the incumbent supplier for copper sulfate, submitted a letter on April 21 requesting a 14% price increase for 50‑pound bags. Volpe said the board’s original award price was $116 per bag and that Venera asked to raise it to $132.24. The supplier included a price chart showing copper had risen 31.18% since the bid was awarded.
Volpe noted the city’s bid allows price adjustments after the first six months if the supplier provides proper documentation. He recommended approving the increase through the end of June as an interim measure while documentation is reviewed.
A motion to grant Venera the price increase for copper sulfate was made and seconded; the board approved the request unanimously. Volpe emphasized this action was for a pending purchase order and not a new multi‑year contract.
Why it matters: the adjustment affects the unit cost for an input that public utilities uses; staff said the increase would only apply for the interim period specified and that documentation would be considered per bid terms.
Next steps: purchasing will process the increase for the pending purchase order and ensure Venera’s documentation is on file per the bid’s adjustment provisions.
