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Title:
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Three-Year Term Contract with Two Years of Renewal Options for Precast Electric Vault Tops and Associated Services for the Energy Resources Department (Citywide)
The Electric utility is continuing with their vault repair/replacement program and the project is expected to require replacement of the top precast concrete section for several styles of vaults. This contract will provide for an initial purchase of eight to twelve concrete electrical vault tops, plus future purchases, as needed for the program.
The Energy Resources Department and Purchasing recommend awarding the contract to the lowest, responsive, and responsible bidders: Oldcastle Infrastructure, Inc.; and Jensen Enterprises, Inc. dba, Jensen Precast; at $1,019,800 annually, with an annual increase allowance of up to 5%, or the adjusted Consumer Price Index. This purchase is funded by 2014 Electric Bonds.
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