Fiscal Note
In the adopted 2016 capital budget Engineering Major Streets has budgeted $300,000 for the Neighborhood Traffic Management major program (MUNIS 10546) to retrofit existing streets with structural elements to reduce the speed of traffic. The contract in the proposed resolution provides for the work specified for this project and there is sufficient budget authority available. Funding is provided from GO borrowing.
The proposed resolution awards the specified contract at an estimate cost of $159,030.
MUNIS:
11126-402-200:54410
Title
Awarding Public Works Contract No. 7630, Local Road Traffic Calming & Arterial Pedestrian Enhancements - 2016.
Body
BE IT RESOLVED, that the following low bids for miscellaneous improvements be accepted and that the Mayor and City Clerk be and are hereby authorized and directed to enter into a contract with the low bidders contained herein, subject to the Contractor's compliance with Section 39.02 of the Madison General Ordinances concerning compliance with the Affirmative Action provisions and subject to the Contractor's compliance with Section 33.07 of the Madison General Ordinances regarding Best Value Contracting:
BE IT FURTHER RESOLVED, that the funds be encumbered to cover the cost of the projects contained herein.
See attached document (Contract No. 7630) for itemization of bids.