Fiscal Note
In the adopted 2017 capital budget Engineering-Major Streets has budgeted $2,045,000 for the reconstruction of concrete pavement on the Capitol Square via the Capitol Square Pavement Replacement project (MUNIS 11429). Funding is provided by TIF proceeds from TID 32 and funding from the associated Utilities for those project components.
The proposed resolution awards the contract at a total estimated cost of $2,504,140.
MUNIS:
11429-402-170:54410(91350) - $1,641,400.00
11429-402-174:54445(91345) - $36,260.00
11429-84-174:54445(91345) - $3,640.00
11429-83-173:54445(91345) - $240,960.00
11429-86-179:54445(91360) - $439,170.00
11429-402-176:54430(96882) - $101,880.00
11429-402-177:54435(91232) - $36,690.00
2130-82300571-54330(91384) - $2,530.00
2130-82300571-54810(91384) - $1,610.00
Title
Awarding Public Works Contract No. 7803, East & West Main Street, South Carroll Street and South Pinckney Street Assessment District - 2017.
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. 7803) for itemization of bids.