Fiscal Note
The proposed resolution awards the contract for the Schenk Street and Richard Street pavement resurfacing project at a total cost of $3,632,740. In the adopted 2018 capital budget, Engineering Major Streets has budgeted $15.5 million within the Pavement Management capital program for the resurfacing of streets throughout the City (MUNIS 10540). Funding is provided by GO Borrowing, Special Assessments, and associated utility funding broken out as follows:
Major Streets - $1,090,450
Stormwater Utility - $803,770
Sewer Utility - $973,660
Water Utility - $764,860
Title
Awarding Public Works Contract No. 8108, Schenk Street and Richard Street Resurfacing with Utilities 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. 8108) for itemization of bids.