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HomeMy WebLinkAbout~Master - Contract and Bond for Substation Control Panel Installations RESOLUTION NO. 11-362 RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF SUBSTATION CONTROL PANEL INSTALLATIONS FOR THE CITY OF AMES,IOWA WHEREAS,this City Council has heretofore determined it advisable and necessary that certain improvements be constructed in the City of Ames, Iowa, such project having been designated as the Substation Control Panel Installations; and, pursuant to notice and hearing,bids were received on the 25'day of May, 2011, as called for in the detailed plans and specifications as prepared by the DeWild Grant Reckert&Associates Company and filed with the City Clerk on the 26'day of April,2011;and, WHEREAS,this Council has heretofore determined that the bid of Electrical Power Products, Inc., of Des Moines, Iowa, in the amount of$119,623.19 is the lowest and best bid submitted for the construction of said project; and, WHEREAS, contract in the form provided in said plans and specifications has been executed by said contractor, and satisfactory performance bond has been filed by said contractor. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, as follows: Section 1. The contract between the City of Ames,Iowa,and Electrical Power Products,Inc., of Des Moines, Iowa, in the amount of$119,623.19 dated the 14t' day of June, 2011, for the construction of the Substation Control Panel Installations as provided for in the detailed plans and specifications referred to in the preamble hereof, and the performance bond of the said contractor with Federal Insurance Company of Warren,New Jersey, as surety thereon, in the amount of$119,623.19 filed in connection therewith,be and the same are hereby approved. Section 2. All resolutions or order or parts thereof in conflict herewith are hereby repealed to the extend of such conflict. ADOPTED THIS 26`h day of July, 2011. Diane R. Voss, City Clerk Ann H. Campbell, May Introduced by: Goodman Seconded by: Mahayni Voting aye: Goodman, Mahayni, Orazem, Wacha Voting nay: None Absent: Davis, Larson Resolution declared adopted and signed by the Mayor this 26t'day of July, 2011.