Explanation
1. BACKGROUND: This legislation authorizes the Director of Public Utilities to enter into a construction contract with Nickolas M. Savko & Sons, Inc., in the amount of $2,661,549.61; to encumber funds with the Transportation Division for inspection, testing and prevailing wage coordination services in the amount of $534,000.00; to authorize the City Auditor to transfer a total of $1,092,351.41 within the Storm Sewer Bond Fund; to amend the 2005 Capital Improvements Budget; all in connection with the Jasonway Ave. Drainage Improvements Project.
2. CONSTRUCTION CONTRACT AWARD: The Director of Public Utilities publicly opened three bids on May 3, 2006. Bids were received from: Nickolas M. Savko & Sons, Inc. - $2,661,549.61; George J. Igel & Co., Inc - $2,818,076.40; and Complete General Construction Co. - $3,492,380.52.
The lowest and best bid was from Nickolas M. Savko & Sons, Inc. in the amount of $2,661,549.61. Their Contract Compliance Number is 31-0907362. Additional information regarding each bidder, description of work, contract timeframe and detailed amounts can be found on the attached Legislation Information Form.
3. FISCAL IMPACT: The Division is requesting an amendment to the 2005 Capital Improvements Budget for purposes of establishing sufficient budget authority for this expenditure. Additionally, this legislation includes a transfer of funds within the Storm Sewer Bonds Fund.
Title
To authorize the Director of Public Utilities to execute a construction contract with Nickolas M. Savko & Sons, Inc. in the amount of $2,661,549.61; to provide for payment of inspection, material testing and related services to the Transportation Division in the amount of $534,000.00; for the Jasonway Ave. Drainage Improvements Project; to authorize the transfer of $1,092,351.41 within the Storm Sewer Bond Fund; to authorize an amendment to the 2005 Capital Improvements Budget; for the Division of Sewerage and Drainage; and to...
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