Explanation
1. BACKGROUND
This ordinance authorizes the Director of Public Utilities to enter into a construction contract with Complete General Corporation for the Large Diameter Valve Replacement, Part 3 Project, CIP #690589-100002, in an amount up to $4,686,561.65, and to encumber funds with the Department of Public Service for prevailing wage services in an amount up to $2,000.00 for the project.
Work consists of the installation of new and/or replacement of large diameter valves (20 inch through 24inch diameter) and associated work including linestops, and other such work as may be necessary to complete the contract, in accordance with the drawings, technical specifications, special provisions, and City of Columbus Construction and Material Specifications as set forth in the Invitation For Bid.
The Community Planning Area is “55 - Downtown.” Work limits include 4th Street from Broad Street to Fulton Street and the intersection of Fulton Street and S. High Street.
Funding for this construction contract is anticipated to be done in the form of a loan from the Ohio Water Development Authority (OWDA). The OWDA’s mission is to provide financial assistance for environmental infrastructure from the sale of municipal revenue bonds through loans to local governments in Ohio. These loans are available at interest rates below what the City can obtain through a bond sale. Ordinance 0997-2023 is pending City Council approval for the Department of Public Utilities to obtain loans directly from OWDA.
2. ECONOMIC IMPACT/ADVANTAGES; COMMUNITY OUTREACH; PROJECT DEVELOPMENT; ENVIRONMENTAL FACTORS/ADVANTAGES OF PROJECT
This project involves repairs to valves on critical large diameter water mains and will improve the reliability of the water distribution system. Coordination will occur with nearby customers, including businesses, prior to and during construction.
3. CONSTRUCTION CONTRACT AWARD
An Invitation for Bids for the Large Diameter Valve Replacement, Pa...
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