Submitted By
Bill McKenna, Village Engineer/Assistant Public Works Director
Reviewed By
A.M. Zayyad, Deputy Village Manager
Agenda Item Title
Title
A Resolution Approving the Renewal of the Master Agreement with V3 Companies, Ltd. for Professional Engineering Services in 2025 and Authorizing its Execution
End
Overview
Overview
V3 Companies (along with three other firms) has been working with the Village since 2021 under a Master Agreement for providing professional engineering services using a task order system. The Master Agreement has a three-year initial term with the option for two one-year extensions. The initial three-year term of the Master Agreement expires at the end of 2024 and this item is for a one-year renewal of the existing Master Agreement with V3 Companies. V3 has done an excellent job designing and managing a variety of projects in the last three years.
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Recommendation
Recommendation
Adopt the Resolution.
Background
In 2021, the Engineering Division requested qualifications for various professional engineering services from eight consultants deemed most qualified based on a previous request for qualifications (RFQ) solicitation. The Engineering Division selected the four most qualified firms from this RFQ for entering into Master Agreements with a three-year fixed term and an option for two one-year extensions. The initial three-year term of the Master Agreement expires at the end of 2024 and this item is for a one-year renewal of the existing Master Agreement with V3 Companies, Ltd.
Professional engineering services for 2025 will function the same as for the initial three-year term, as a task order system to these four firms for the majority of typical projects which will eliminate the need for requesting qualifications and proposals for each engineering project, saving staff time and resources in procuring these services.
A revised fee schedule is included as an exhibit to this item for any work done outsi...
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