Subject:
Title
Request approval to award IFB 22-07 construction contract to Richardson Wayland Electric Company for the Maple Avenue and Park Street Signal Reconstruction
Body
EXPLANATION AND SUMMARY:
This project will replace the Maple Avenue and Park Street Signal.
VDOT’s authorization to award the construction contract for the project is anticipated by March 21, 2022.
This project is fully funded by VDOT - SMART SCALE Funds.
Bids were received from three vendors for the subject IFB. Bid results are detailed on the attached bid tabulation.
The low bidder was Richardson Wayland Electric Company with a total bid amount of $550,258.25. The Town and VDOT have reviewed the bid submission and documentation and have determined the vendor to be responsive and responsible.
Award is recommended to be made in the amount of $550,258.25 to:
Richardson Wayland Electric Company
2003 Russell Ave.
Roanoke, VA 24015
Staff requests approval of expenditure for the contract amount ($550,258.25) plus a 10% contingency ($55,026), total = $605,284.25.
Departmental Recommendation: Recommend award of the construction contract.
Finance Recommendation: Recommend award of contract.
Purchasing Recommendation: Recommend approval
Town Attorney Recommendation: The Town has solicited bids for the proposed street signal reconstruction project and the Town Council may award the contract to the lowest responsive and responsible bidder in its discretion.
Town Manager's Recommendation: The Town Manager recommends that Town Council consider awarding the contract to the lowest responsive and responsible bidder in its discretion.
Cost and Financing: $605,284.25
Account Number: Project - 4170109297, Account - 300-000-0000-39425-48803
Decision Needed by This date: March 21, 2022
PROPOSED/SUGGESTED MOTION
Recommended Action
"I move to award the construction contract for the Maple Avenue and Park Street Signal Reconstruction project to Richardson Wayland Electric Company in an amount not to exceed $550,258.25 (bid + 10% contingency)"
Or
Other action deemed necessary by Council.