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HomeMy WebLinkAbout~Master - Approving contract and bond for the 69kV Transmission Line Reconstruction with Ward Electric Company, of Longmont, Colorado, in the amount of $2,228,648.92RESOLUTION NO. 25-204 RESOLUTION APPROVING CONTRACT AND BOND FOR CONSTRUCTION OF THE 69KV TRANSMISSION LINE RECONSTRUCTION PROJECT 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 69kV Transmission Line Reconstruction; and, pursuant to notice and hearing, bids were received on the 9th day of April, 2025, as called for in the detailed plans and specifications as prepared by the Electric Services Department and filed with the City Clerk on the 11th day of March, 2025; and, WHEREAS, the City Council has heretofore determined that the bid of Ward Electric Company, of Longmont, Colorado, in the amount of $2,228,648.92 is the lowest and best bid submitted for the construction of said project; and, WHEREAS, the 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 Ward Electric Company, of Longmont, Colorado, in the amount of $2,228,648.92 dated the 29th day of April, 2025, for the 69kV Transmission Line Reconstruction as provided for in the detailed plans and specifications referred to in the preamble hereof, and the performance bond of the said contractor with Berkshire Hathaway Specialty Insurance Company, of Omaha, Nebraska, as surety thereon, in the amount of $2,228,648.92 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 All resolutions or order or parts thereof in conflict herewith are hereby repealed to the extent of such conflict. ADOPTED THIS 13th day of May, 2025. _________________________________ ___________________________________ Renee Hall, City Clerk John A. Haila, Mayor Introduced by: Betcher Seconded by: Beatty-Hansen Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 13th day of May, 2025.