Title
A Resolution accepting the bid of Arrow Electric Co., in the amount of $352,541, for Illuminated Street Name Sign Project - Phase I, for the Div. of Traffic Engineering, and authorizing the Mayor to execute any necessary Agreement with Arrow Electric Co. related to the bid. (2 Bids, Low) [Woods]
Summary
Lexington Fayette Urban County Government
Bid Recommendation
Division of Central Purchasing
Bid Title: Illuminated Street Name Sign Project - Phase I |
Bid Number: 145-2012 |
Buyer: S Stone |
Advertising Date: 09/25/12 |
Opening Date: 10/16/12 |
Number of Bid Submitted: 2 |
Recommended Bid Amount: $352,541.00 |
x Fixed Bid Price Contract Unit Price Bid Contract Included |
Division Requesting/Recommending: Division of Traffic Engineering |
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Vendor |
Address |
Amount |
Lowest |
Arrow Electric Co |
Louisville, KY |
$352,541.00 |
Second |
Davis H Elliot Construction Co Inc |
Lexington, KY |
$353,606.00 |
Third |
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Recommended Vendors
Award to: Arrow Electric Co |
Award Amount: $ 352,541.00 |
Budget/Accounting Information
Fund |
Dept. |
Sect. |
Account |
Project |
Bud Ref |
Amount |
Avail Budget |
3160 |
303602 |
3603 |
91612 |
ILLUMSIGN_2010 |
2010 |
$352,541.00 |
encumbered |
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Reason for Recommendation
xx Bidder submitted lowest bid responsive to specifications.
Multiple Awards to low bidders for item(s) or group(s).
One or Non-low bid. See attachment(s) for explanation.
Walk-on
2 Readings
Other:
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the bid of Arrow Electric Co., in the amount of $352,541.00, for Illuminated Street Name Sign Project - Phase I, for the Division of Traffic Engineering, be and hereby is accepted and approved as to the specifications and amounts set forth in the terms of the bid, which is attached hereto and incorporated herein by reference, and the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized to execute any necessary agreement with Arrow Electric Co., related to the bid.
Section 2 - That an amount, not to exceed the sum of $352,541.00, be and hereby is approved for payment to Arrow Electric Co., from account #3160-303602-91612, pursuant to the terms of the bid and any agreement.
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