Explanation
1. BACKGROUND: This legislation authorizes the assignment of a Department of Public Utilities, Division of Water, construction contract from Kokosing Construction Company, Inc. to Kokosing Industrial, Inc.
Due to the establishment of a holding company, Kokosing Construction Company, Inc. is spinning off its treatment plant, industrial, and marine projects as a separate affiliate company under Kokosing Industrial, Inc.
This change will reflect a company name change and Federal Identification number change for the following Department of Public Utilities, Division of Water construction contract:
690532-100000 - Hap Cremean Water Plant (HCWP) Bulk Chemical Building Improvements Project, Division of Water Contract Number 2017.
2. CONTRACT COMPLIANCE INFO:
Former Company Name: Kokosing Construction Company, Inc. | 31-1023518 | 3/7/18 | MAJ
Current Company Name: Kokosing Industrial, Inc. | 47-2946608 | 3/11/17 | MAJ
Kokosing Industrial, Inc. is 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.
3. EMERGENCY DESIGNATION: Emergency designation is requested in order to cancel and re-establish the current contract and to prevent any delays in payment.
4. FISCAL IMPACT: No financial impact is anticipated. The current contract will be cancelled and re-established with identical funding.
Title
To authorize the Director of Public Utilities to modify a Department of Public Utilities, Division of Water, construction contract to change the company's name from Kokosing Construction Company, Inc. to Kokosing Industrial, Inc.; and to declare an emergency. ($0.00)
Body
WHEREAS, the Department of Public Utilities, Division of Water, has established a construction contract with Kokosing Construction Company, Inc.; and
WHEREAS, due to the establishment of a holding company, Kokos...
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