Explanation
1. BACKGROUND: This legislation authorizes the Director of Public Utilities to enter into a guaranteed maximum cost reimbursement agreement with the Gowdy Partners III, Inc. for the Olentangy River Road (Gowdy Field) Improvements Project. This project is for the rehabilitation of approximately 600 lineal feet of 24" sewers and associated manholes. The redevelopment of this site and alteration of land use dictate this rehabilitation due to the poor structural condition of these sewers.
2. BID INFORMATION: In accordance with Section 186 of the Columbus City Charter, this contract shall contain a guaranteed maximum cost and stipulate that the City shall pay within such maximum the cost of labor and materials to be paid to the Gowdy Partners III, Inc. As a condition of the agreement, the Gowdy Partners III, Inc. is required to comply with the competitive bidding procedures of Section 329 of the Columbus City Codes, and with the Prevailing Wage Requirements of Chapter 4115 of the Ohio Revised Code.
In exchange for this, the City of Columbus agrees to reimburse the Gowdy Partners III, Inc. for documented construction and all related costs that are associated with the subject capital improvements project, for a guaranteed maximum cost of $193,815.02.
Reimbursement of the Guaranteed Maximum Cost of $193,815.02 shall occur upon successful completion and acceptance of all construction items. It is anticipated that construction bids for this work shall be solicited in the Fall of 2009.
3. CONTRACT COMPLIANCE NO.: 26-3118042 | Maj | 07/10/2011
4. EMERGENCY DESIGNATION: No emergency designation is requested for this legislation
5. FISCAL IMPACT:
This ordinance authorizes the transfer and appropriate funds from the Sanitary Sewer Reserve Fund to the Voted Sanitary Sewer Bond Fund; to authorize the expenditure of $193,815.02 from the Voted Sanitary Sewer Bond Fund; and amend the 2009 Capital Improvements Budget to establish suf...
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