Submitted By
Bill McKenna, Village Engineer
Reviewed By
LKS
Agenda Item Title
Title
A Resolution Approving a Contract with H & H Electric Co. for Project 15-18, Washington and Wisconsin Traffic Signal Improvements, in an Amount Not to Exceed $302,726 and Authorizing its Execution
End
Overview
Overview
The Engineering Division opened bids on July 14, 2016 for the Washington and Wisconsin Traffic Signal Improvement Project. Four bids were received. The low bid was submitted by H&H Electric Company in an amount of $302,725.20 which is more than the $150,000 included in the FY2016 Budget for this project. Staff recommends rejecting the bids since the project exceeds the budget amount and including funds for this project in a future year's budget.
Body
Staff Recommendation
Staff recommends rejecting the bids for this project and including funds in proposed future budgets to construct this project.
Fiscal Impact
There is no fiscal impact to rejecting the bids.
The FY2016 Budget included $150,000 in funds for the design and construction of this project in the Capital Improvement Fund, Public Works - Engineering, for Traffic Signal Management account no. 3095-43780-101-570971 which were carried forwarded from FY2015. There is $128,551 remaining for construction of this project in the FY2016 budget following costs for design engineering.
The low bid received for this project was competitive and accurate and the future budget amount for this project will be adjusted to reflect the actual cost of this work.
Background
In 2012 the Illinois Department of Transportation (IDOT) approved the Village's request to install a traffic signal at the intersection of Washington Boulevard and Wisconsin Avenue to reduce the accident rate, improve pedestrian safety, eliminate non-compliance of the right-turn-only restrictions, and to facilitate the movement of traffic from the Madison Street business district to the Pleasant District. Washington Boulevard i...
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