Title
Accept bid submitted by Gulf Equipment Corp. for Airport Drainage Project and transfer funds to project account
Summary
Description of Topic: (who, what, where, when, why and how much)
Accept bid in the amount of $484,241.40 submitted by Gulf Equipment Corp. and transfer $24,610 from account 01-613-6050 to project account.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
____ Not budgeted, requesting transfer of $__________ from Account #______________ to Account #_____________.
____ Not budgeted requiring increase to account #___________ in the amount of $____________.
Capital - Departmental
____ Budgeted under account #______________ for $___________ and described in budget as __________________________________.
Additional amount needed, if any: Increase in budget of $_____________ OR, transfer of $___________ from Account #____________ to Account #_______________
____ Not Budgeted - account #____________ requires budget increase of $_____________.
Capital Project - **THE PRE-PROJECT CHECKLIST AND BUDGET CHECKLIST MUST BE ATTACHED TO THIS FILE**
In current year Capital Projects Plan:
___X__ Yes, planned amount $555,406, requesting to transfer $24,610 from account 01-613-6050 to project account making the total project estimate $580,016 under account #12-665-7359 R5 VLKSA.
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________
Body
WHEREAS, Resolution 15-2111-RES approved and appropriated funds for the Airport Drainage Project Design and Repair project in the amount of $461,632, and,
WHEREAS, bids were solicited and received on July 2, 2015 at 2:00 p.m., and,
WHEREAS, Gulf Equipment Corp. submitted the lowest, responsible bid in the amount of $484,241.40,
WHEREAS, Volkert Administrative cost in the amount of $2,000 was not previously approved, and
WHEREAS, the drainage project scope of work included repair of the Magnolia Creek berm on the north end of the airport for which funds had already been designated in account 01-613-6050.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Accepts the lowest, responsible bid submitted by Gulf Equipment Corp. in the amount of $484,241.40.
SECTION 2: Approves the transfer of $24,610 from account 01-613-6050 to account 12-665-7359 R25 VLKSA ( $22,610 to construction and $2,000 to Volkert) to cover the difference between the estimated project construction cost and the actual bid amount.
SECTION 3: This Resolution shall become effective immediately upon its adoption as required by law.