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2005-39

A RESOLUTION

FOR ACCEPTANCE OF BID AND AUTHORIZING A CONTRACT FOR CONSTRUCTION OF 8TH & KIPLING STORM DRAINAGE IMPROVEMENTS.

WHEREAS, by Invitation to Bid No. 2531, the City of Lakewood advertised for bids for 8th & Kipling Storm Drainage Improvement Project, on June 2, 2005; and,

WHEREAS, the lowest responsive, responsible and qualified bidder has been determined to be EDGE Contracting Inc. which has submitted its bid in the amount of $794,621.00 pursuant to City specifications and instruction, and the City desires to accept the bid of said bidder.

NOW, THEREFORE, BE IT RESOLVED by the City Council of Lakewood, Colorado, that:

SECTION 1. The bid of EDGE Contracting Inc. for 8th & Kipling Storm Drainage Improvements as described in Invitation to Bid No. 2531 is hereby accepted according to specifications as defined in the Invitation to Bid.

SECTION 2. The City Manager is hereby authorized to execute, and the City Clerk to attest, a contract with said bidder in form approved by the City Attorney in the amount of Seven Hundred Ninety-four Thousand Six Hundred Twenty-one and 00/100 dollars ($794,621.00) and to authorize up to Seventy-nine Thousand and 00/100 dollars ($79,000.00) for contingencies for a total contract amount not to exceed Eight Hundred Seventy-three Thousand Six Hundred Twenty-one and 00/100 dollars ($873,621.00).

SECTION 3. The City Treasurer is hereby authorized to make payment to EDGE Contracting Inc. in accordance with the terms of said contract.

INTRODUCED, READ AND ADOPTED by a vote of 10 for and 0 against at a regular meeting of the City Council on June 13, 2005, at 7 o'clock p.m. at Lakewood Civic Center South, 480 South Allison Parkway, Lakewood, Colorado.

Stephen A. Burkholder, Mayor

ATTEST:
Margy Greer, City Clerk