Explanation
1. BACKGROUND: This legislation authorizes the Director of Public Utilities to enter into a construction contract with Elite Excavating Co. of Ohio, Inc., in the amount of $784,350.00; to encumber funds with the Transportation Division for inspection, testing, and prevailing wage coordination services in the amount of $120,000.00; to authorize the City Auditor to transfer and appropriate funds from the Storm Sewer Reserve Fund a total of $824,734.43; and to amend the 2008 Capital Improvements Budget; all in connection with the Cleveland/Lakeview Sewer Improvements Project.
2. CONSTRUCTION CONTRACT AWARD: The Director of Public Utilities publicly opened two bids on June 18, 2008. These bids were received from: Elite Excavating Company, $784,350.00; and Complete General Construction Co., $1,594,414.74.
The lowest and best bid was from Elite Excavating Company in the amount of $784,350.00. Additional information regarding each bidder, description of work, contract timeframe and detailed amounts can be found on the attached Legislation Information Form.
Contract Compliance Information: 20-1643186, expires 08/08/09, Majority
3. FISCAL IMPACT: This ordinance authorizes the transfer and appropriation of funds from the Storm Sewer Reserve Fund and a transfer within the Storm Sewer Bond Fund for this expenditure. The 2008 Capital Improvements Budget is amended for this expenditure upon passage of this ordinance. Monies for this contract will be provided from an upcoming Bond Sale via the transfer detailed in this ordinance.
Title
To authorize the Director of Public Utilities to enter into a construction contract with the Elite Excavating Co. of Ohio, Inc., for the Cleveland/Lakeview Sewer Improvements Project; to authorize the transfer and appropriation of $824,734.43 from the Storm Sewer Reserve Fund; to authorize the expenditure of $904,350.00; to amend the 2008 Capital Improvements Budget, for the Division of Sewerage and Drain...
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