Explanation
BACKGROUND: This legislation authorizes the Finance and Management Director to associate all General Budget Reservations resulting from this ordinance with the following Universal Term Contract Purchase Agreements listed below for the Division of Water, Distribution Maintenance Section.
The supplies purchased from the contracts will be used to replenish materials used for daily operating and for water line projects.
This ordinance also authorizes the transfer of funds between object classes within the Water Operating Fund to align budget authority for this and other purchases.
Current UTC Purchase Agreements:
Supplies, Parts, and Equipment
Mainline Repair Parts (Ferguson Enterprises, Inc. & Core & Main LP)
Mainline Hydrants (Ferguson Enterprises, Inc. & Core & Main LP)
Mainline Couplings (Ferguson Enterprises, Inc. & Core & Main LP)
Sewer & Water Pipe (Ferguson Enterprises, Inc.)
Main Valves, Boxes (Ferguson Enterprises, Inc.)
The companies are 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.
FISCAL IMPACT: $500,000.00 is budgeted and needed for this purchase. $3,200,000.00 will be transferred between object classes within the Water Operating Fund. There is sufficient budget authority available in the 2023 Water Operating Fund's Budget to fund the transfers.
$1,637,118.85 was spent in 2022
$1,048,363.51 was spent in 2021
EMERGENCY DESIGNATION: This ordinance is being submitted as an emergency in order to align budget authority with projected expenditures and to provide for the timely purchase of critical supplies and materials. Price increases for these supplies and materials are trending much higher than was anticipated at the time of budget submission.
Title
To authorize the Finance and Management Director to associate all General Budget Reservations resulting from...
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