00-0407R

RESOLUTION AWARDING CONTRACT TO HYDRO SUPPLY COMPANY, INC., FOR COLD WATER METERS, IN THE AMOUNT OF $43,384.56.

BY COUNCILOR ECKENBERG:

RESOLVED, that Hydro Supply Company, Inc., be and hereby is awarded a contract for furnishing and delivering cold water meters for the water division in accordance with specifications on its low specification bid of $43,384.56, terms net 30, FOB destination, payable out of Water Fund 510, Dept./Agency 900, Organization 0543, Object 5227.


STATEMENT OF PURPOSE:  This resolution will authorize the purchase of 876 cold water meters from Hydro Supply Company for $43,384.56 to be paid from water fund, public works and utilities department, utility system maintenance supplies expenses.  These cold water meters are for inventory for new customers and the annual replacement of existing meters in accordance with the Department O & M manual.  Hydro Supply Company is the sole source vendor in our region.  The uncommitted amount for object 5227 is $100,000. Bid No. 00-0552
 
Tabulation of bids received May 19, 2000:
Hydro Supply Company, Burnsville, MN $ 43,384.56