BY COUNCILOR STOVER:
RESOLVED, that Stout Mechanical, Inc., be and hereby is awarded a contract for sliplining of the 24 inch watermain in 15th Avenue East from London Road to Fourth Street for the engineering division in accordance with its low specification bid of $526,815, terms net 30, FOB job site, payable out of the Water Fund 0510, Agency 500, Organization 1905, Object 5536, Project Number 0005WA.
STATEMENT OF PURPOSE: This resolution will authorize the sliplining of the 24 inch watermain in 15th Avenue East from London Road to Fourth Street by Stout Mechanical, Inc., in the amount of $526,815, to be paid from the Water Fund 0510. Stout Mechanical, Inc., was the lowest bidder of the three companies that responded. Although their bid is approximately 40 percent higher than the engineer’s estimate of $375,160, we recommend award since the watermain needs to be rehabilitated due to corrosion and it is one of the city’s main transmission lines. Bid No. 06-0364, City Project No. 0005WA, Department/Agency 500, Organization 1905, Object 5536.