Fiscal Note
The proposed resolution awards the contract for the Hancock Street reconstruction project at a total cost of $1,524,480. This project is funded within the Engineering-Major Streets 2017 adopted capital budget via the Reconstruction Streets capital program (MUNIS 11469). Funding is provided by GO borrowing, special assessments, and associated utility funding. The cost of the project is assigned amongst agencies as follows:
Major Streets - $709,960
Sewer Utility - $386,510
Water Utility - $428,010
Title
Awarding Public Works Contract No. 7999, N. Hancock Street Reconstruction Assessment District - 2018.
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. 7999) for itemization of bids.