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File #: T339    Version: 0
Type: Travaux Resolution Status: In Commission
File created: 6/7/2024 In control: TRAVAUX INC. BOARD OF DIRECTORS
On agenda: 6/13/2024 Final action:
Effective date:    
Title: Resolution approving an award of contract to Faust Company, Inc. (Milwaukee, WI) for Plumbing at Highland Gardens in the amount of $464,000.00 (Official Notice 58137)
Sponsors: THE CHAIR
Attachments: 1. Faust Company Inc for plumbing at Highland Gardens (Official Notice 58137), 2. Highland Gardens G703 Ties to Proforma-Buyout tracking
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Number
339

Version
Original

Reference

Sponsor
The President

Title
Resolution approving an award of contract to Faust Company, Inc. (Milwaukee, WI) for Plumbing at Highland Gardens in the amount of $464,000.00 (Official Notice 58137)

Analysis

Body
WHEREAS, the Travaux Inc. solicited sealed bids by Official Notice Number 58137 during the period April 19, 2024 through May 17, 2024 for Plumbing at Highland Gardens; and

WHEREAS, two (2) sealed bids were received by the deadline of 2:00 PM CDST on May 17, 2024; and

WHEREAS, the sealed bids were received and publicly opened on May 17, 2024, during which the bidding procedure was conducted in compliance with the requirements of local, state, and federal regulations; and

WHEREAS, Faust Company, Inc., a qualified and competent bidder, submitted the lowest responsive and responsible bid in the amount of $349,500.00; 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 Faust Company, Inc. for HVAC at Highland Gardens; and, be it

FURTHER RESOLVED, that funds for these services will come from the Highland Gardens 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 change orders including 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 is required; and, be it

FURTHER RESOLVED, that all acts previously performed relative to this matter by the Board of Directors of Travaux Inc. and the officers of Travaux Inc. be a...

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