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24-54

A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A CONTRACT WITH PERRAM ELECTRIC, INC. AND INCREASE FUNDS FOR THE ADAPTIVE TRAFFIC SIGNAL PROJECT (PID 116924); AND DECLARING AN EMERGENCY. Brief Description: Bids were received on April 16, 2024, with the lowest bid being $3,121,000. The City’s Engineer’s Estimate on this project was $2,520,078.85. Per Federal Highway Administration (FHWA) and Ohio Department of Transportation (ODOT) guidelines, the Engineer’s Estimate is able to be corrected when, after bids are received, and it is discovered that the unit cost of certain item(s) have been understated in the Engineer's Estimate. In accordance with FHWA & ODOT guidelines, the correct Engineer’s Estimate is now $3,121,000. Staff is now requesting permission to increase funding for the Adaptive Traffic Signal project based upon the corrected Engineer’s Estimate.

Resolution Passed Introduced April 18, 2024

What this record is

Held by
FHWA & ODOT
Amount
$3.12M
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
contract
Field
Construction

construction contracts in OH that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee
City Council
Requested by
Engineering Department
Introduced
April 18, 2024
On agenda
May 7, 2024
Passed
May 7, 2024

Where it was heard

City Council May 7, 2024 approved on the consent agenda City Council Workshop Apr 23, 2024 item forwarded

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