BY COUNCILOR STOVER:
RESOLVED, that Utility Systems of America, Inc., be and hereby is awarded a contract for sliplining of a 30 inch watermain in London Road from 15th Avenue East to 26th Avenue East in accordance with specifications on its low specification bid of $1,074,457.50, terms net 30, FOB job site, payable out of Water Construction Bond Fund 511, Department/Agency 500, Object 5532; City Project No. 0436WA.
STATEMENT OF PURPOSE: This resolution will authorize the sliplining of a 30 inch watermain in London Road from 15th Avenue East to 26th Avenue East by Utility Systems of America, Inc., for $1,074,457.50, to be paid from Water Construction Bond Fund 511, public works and utilities capital improvements bond. Sliplining this 30 inch watermain will reduce significant leakage and extend the useful life of this trunk watermain. Utility Systems of America, Inc., was the lowest bidder of the four companies who submitted bids. The low bid was less than the engineer’s estimate of $1,300,000 but more than the capital improvements program estimate of $700,000 that was budgeted for 2007. However, bonds will be sold to cover the cost of this project.