Number
283
Version
Original
Reference
Sponsor
The President
Title
Resolution approving an award of contract to Insulation Technologies Incorporated (Milwaukee, WI) for building exterior repairs and painting (TCP-17.1-RB) for Townhomes at Carver Park, in the amount of $981,596.81 (Official Notice 58100)
Analysis
Body
WHEREAS, Travaux Inc. solicited sealed bids by Official Notice Number 58100 during the period May 4, 2022 through May 18, 2022 for Building Exterior Repairs and Painting (TCP-17.1-RB2) for Townhomes at Carver Park; and
WHEREAS, one sealed bid was received by the deadline of 2:00 PM (CDST) on May 18, 2022; and
WHEREAS, the sealed bid was received and publicly opened on May 18, 2022, during which the bidding procedure was conducted in compliance with the requirements of local, state, and federal regulations; and
WHEREAS, Insulation Technologies Inc., a qualified and competent bidder, submitted the lowest responsive and responsible bid in the amount of $981,596.81; therefore, be it,
RESOLVED, by the Board of Directors of Travaux Inc. that it hereby authorizes and approves accepting the bid of and entering into a contract with Insulation Technologies Inc. for Building Exterior Repairs and Painting (TCP-17.1-RB2) for Townhomes at Carver Park; and, be it
FURTHER RESOLVED, that funds for these services will come from Townhomes at Carver Park Tax Credit Financing; and, be it
FURTHER RESOLVED, that the proper officers of Travaux Inc. be and hereby are authorized and directed to properly execute said contract for and on behalf of Travaux Inc.; and, be it
FURTHER RESOLVED, that if any extensions of the time of performance are needed, the officers of Travaux Inc. may approve such request without any further action of the Board of Directors of Travaux Inc.; and, be it
FURTHER RESOLVED, that all of above is contingent upon receiving the approval of the U.S. Department of Housing and Urban Development, if it is determined that such approval ...
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