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HomeMy WebLinkAbout2022-496-08.01.2022Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2022-496 RESOLUTION APPROVING AWARD OF BID TO K & W ELECTRIC, INC., OF CEDAR FALLS, IOWA IN THE AMOUNT OF $749,772.30, AND APPROVING THE CONTRACT, BONDS, AND CERTIFICATE OF INSURANCE IN CONJUNCTION WITH THE FY 2022 4TH STREET BRIDGE AND DAM LIGHTING PROJECT, CONTRACT NO. 1054, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, K & W Electric, Inc., of Cedar Falls, Iowa, submitted a bid in the amount of $749,772.30, in conjunction with the FY 2022 4th Street Bridge and Dam Lighting Project, Contract No. 1054, and is the apparent low bidder, and WHEREAS, K & W Electric, Inc., submitted a written contract, bond and certificate of insurance, in conjunction with the FY 2022 4th Street Bridge and Dam Lighting Project, Contract No. 1054. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA 1. That the bid of K & W Electric, Inc., in the amount of $749,772.30, in conjunction with the FY 2022 4th Street Bridge and Dam Lighting Project, Contract No. 1054, is hereby awarded. 2. That the contract, bond and certificate of insurance submitted by K & W Electric, Inc., in conjunction with the FY 2022 4th Street Bridge and Dam Lighting Project, Contract No. 1054, are hereby approved. 3. That the Mayor and City Clerk are authorized and directed to execute said documents on behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 1st day of August 2022. Own -an 9-(air- DIGITALLY SIGNED Quentin Hart, Mayor ATTEST: Kelley Felchle, City Clerk SEAL