Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute Change Order No. One (1) to the Contract with Arrow Electric Co., Inc., for the Fiber Optic Cable Installation Program, increasing the Contract price by the sum of $6,847 from $320,662 to $327,509. [Div. of Traffic Engineering, Neal]
Summary
Authorization to execute Change Order with Arrow Electric Company, Inc., increasing the Contract amount by $6,847 for installation of infrastructure related to the Fiber Optic Cable Installation Program. Funds are Budgeted. (L0266-19) (Neal/Martin)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: No
Risk Management: No
Fully Budgeted [select]: Yes
Account Number: 3160-303602-3605-91711
This Fiscal Year Impact: $6,847
Annual Impact: $0
Project: FIBEROPT_2016
Activity: CONSTRUCTION
Budget Reference: 2016
Current Balance: $118,155
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized and directed to execute Change Order No. One (1), which is attached hereto and incorporated herein by reference, to the Contract with Arrow Electric Company, Inc., for the Fiber Optic Cable Installation Program, increasing the Contract price by the sum of $6,847.00 from $320,662.00 to $327,509.00.
Section 2 - That an amount, not to exceed the sum of $6,847.00, be and hereby is approved for payment to Arrow Electric Company, Inc., from account # 3160-303602-91711 pursuant to the terms of the Change Order No. 1 (One).
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
_____________________________
CLERK OF URBAN COUNTY COUNCIL