Explanation
1. BACKGROUND: This legislation authorizes the Director of Public Utilities to enter into a construction contract with American Suncraft Construction Co. for the 710 West Tank Interior Painting Project; in the amount of $432,450; and to transfer $432,450 from the Water System Reserve Fund to the Water Works Enlargement Voted Bonds Fund.
2. CONSTRUCTION CONTRACT AWARD: The Director of Public Utilities publicly opened seven bids on January 7, 2009. Bids were received from: American Suncraft Construction Co. - $432,450; UCL, Inc. - $555,944; D&M Painting - $677,800; Tank Pro - $729,684; TMI coatings - $862,380; G & M Painting - $1,046,500; and JPI Painting - $1,091,360.
The lowest and best bid was from American Suncraft Construction Co. in the amount of $432,450. Their Contract Compliance Number is 31-1286248 (expires 8/28/10, Majority). Additional information regarding all bidders, description of work, contract time frame and detailed amounts can be found on the attached Legislation Information Form.
3. FISCAL IMPACT: This legislation includes a transfer of funds from the Water System Reserve Fund to the Water Works Enlargement Voted Bonds Fund as a temporary measure until such time as the proceeds from a bond sale can be made available. An amendment to the 2008 Capital Improvements Budget is also necessary.
Title
To authorize the Director of Public Utilities to execute a construction contract with American Suncraft Construction Co. for construction of the 710 West Tank Interior Painting Project; to authorize the appropriation and transfer of $432,450 from the Water System Reserve Fund to the Water Works Enlargement Voted Bonds Fund; to authorize the expenditure of $432,450 from the Water Works Enlargement Voted Bonds Fund; and to authorize an amendment to the 2008 Capital Improvements Budget for the Division of Power and Water. ($432,450)
Body
WHEREAS, seven bidders for the 710 West Tank Interior Painting Project we...
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