Explanation
1. BACKGROUND: This legislation authorizes the Director of Finance and Management to renew and increase Contract Numbers PO469738, PO469743, and PO469751, on behalf of the Office of Construction Management, with BOMAR Construction Company, Inc., for the Professional Construction Services - Task Order Basis project, in an amount up to $257,500.00.
These indefinite quantity contracts provide the Office of Construction Management with continual, contractual access to resources that are necessary to perform Professional Construction services as well as provide technical expertise for the Department of Finance and Management to implement projects for various City of Columbus departments.
The original contracts were established under Ordinance No. 1892-2024 and approved by City Council on July 29, 2024. The terms of the contracts stated “The term of the contract is one year from the date of issuance of the purchase order, with the option for up to three (3) annual renewals”.
Under Modification No. 1, Ordinance No. 3363-2024, the initial term was revised to read “The term of the contract is one year from the date of issuance of the purchase order, or, until all funds are depleted, with the option for up to three (3) annual renewals.”
Renewal No. 1 (current): The contracts’ initial terms are longer than the one-year period from the date of the purchase orders issued September 25th and 26th, 2024, however, not all funds have been depleted and before all funds are depleted and the contract expires the Department of Finance and Management seeks to exercise the first of the three annual renewals and extend the contract for an additional year.
2. RENEWAL NO. 1 INFO:
A. The amt of additional funds to be expended under the renewal: $257,500.00
Original Contract: $ 1,500,000.00 (PO469738, PO469743, & PO469751)
Modification No. 1: $ 0.00 (no CT No.)
Renewal No. 1 (current): $ 257,500.00
New Contract Amount: $1,757,500....
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