Number
T59
Version
Original
Reference
Sponsor
The President
Title
Resolution approving a contract to Insulation Technologies, Incorporated (Milwaukee, WI) for Fiber Cement Siding for Multi-Family Apartment Building 2.2 at Westlawn Gardens Phase 2 in the amount of $376,543.00
Analysis
Body
WHEREAS, Travaux Inc. solicited sealed bids by Official Notice Number 57881 during the period August 3, 2018 through August 28, 2018 for Fiber Cement Siding for Multi-Family Apartment Building 2.2 at Westlawn Gardens Phase 2; and
WHEREAS, two sealed bids were received by the deadline of 2:00 PM (CDST) on August 28, 2018; and
WHEREAS, the sealed bids were received and publicly opened on August 28, 2018, during which bidding procedure was conducted in compliance with the requirements of local, state, and federal regulations; and
WHEREAS, Insulation Technologies Inc., the lowest bidder and a qualified and competent bidder, submitted the lowest responsive and responsible bid in the amount of $376,543.00, therefore, be it
RESOLVED, by the Board of Directors of Travaux Inc. that they hereby authorize and approve accepting the bid of and entering into a contract with Insulation Technologies Inc. for Fiber Cement Siding for Multi-Family Apartment Building 2.2 at Westlawn Gardens Phase 2; and, be it
FURTHER RESOLVED, that funds for these services will come from Westlawn Renaissance III LLC; 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 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 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 and hereby are approved, ratified, and confirmed in all respects.
Requestor
Drafter
Modernization & Development, September 6, 2018