Title
TIGER Phase 3 Bid Award
Summary
Description of Topic: (who, what, where, when, why and how much)
Consider awarding the TIGER Phase 3 project to the Morette Company in the amount of $1,515,478.15.
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
In current year Capital Projects Plan:
__X__ Yes, planned amount $1,122,836.00__, requesting $1,515,478.15_ as total project estimate, including contingencies, under account # 31-665-7300___
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________
Body
WHEREAS, the lowest bid received for the TIGER Phase 3 project was from the Morette Company in the amount of $1,668,500.94, and
WHEREAS, a value engineering option was identified to bring the overall TIGER project into budget by negotiating a ten (10%) percent reduction in the cost for the TIGER Phase 3 project.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves awarding the TIGER Phase 3 project to the Morette Company as the apparent low bidder in the amount of $1,515,478.15 for Account No. 31-665-7300 and amends Account No. 31-665-7300 by an increase of $392,642.15.
SECTION...
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