Explanation
BACKGROUND: This legislation authorizes the Director of Finance and Management to enter into a contract with IRST for the purchase of a SPCC Barrier Boom System for the Department of Public Utilities, Division of Power and Water (Power) that will be installed in trenches to catch oil that may leak from transformers and mitigate the chances of the oil getting into the ground The system will be installed by the employees of the division.
The Purchasing Office advertised and solicited competitive bids in accordance with Section 329.06 (Solicitation SA003677). One (1) bid was received and opened on September 2, 2010. The bid received from IRST met specifications and an award is recommended in the amount of $60,144.00 as the lowest responsive, responsible and best bidder. The bid tabulation is attached for your review.
The company is not debarred according to the Excluded Party Listing System of the Federal Government or prohibited from being awarded a contract according to the Auditor of State unresolved Findings for Recovery Certified Search.
SUPPLIER: IRST, Contact Compliance Number 61-1373944, expires 11/11/2011. This supplier does not hold MBE/FBE status.
FISCAL IMPACT: There is sufficient cash and authority within the Electric Build America Bonds Fund for this purchase.
Title
To authorize the Director of Finance and Management to enter into a contract with IRST for the purchase of a SPCC Barrier Boom System for the Department of Public Utilities, Division of Power and Water (Power) and to authorize the expenditure of $60,144.00 from the Electric Build America Bonds Fund. ($60,144.00)
Body
WHEREAS, a SPCC Barrier Boom System is needed by the Department of Public Utilities, Division of Power and Water (Power) to be installed in trenches to trap oil from leaking into the transformer yard; and
WHEREAS, the Purchasing Office opened formal bids on September 2, 2010 for the purchase of a SPCC Barrier Boom System;...
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