TRANSMITTAL LETTER FOR BOARD MEETING OF APRIL 7, 2016
COMMITTEE ON Procurement
Mr. David St. Pierre, Executive Director
Title
Authority to decrease purchase order for Contract 10-050-3S North Side 8 Rehabilitation, NSA to Spiniello Companies, in an amount of $60,947.69, from an amount of $7,517,495.91, to an amount not to exceed $7,456,548.22, Account 401-50000-645700, Purchase Order 5001375
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Dear Sir:
On September 20, 2012, the Board of Commissioners authorized the Director of Procurement and Materials Management to issue a purchase order and enter into an agreement with Spiniello Companies for Contract 10-050-3S North Side 8 Rehabilitation, NSA, in an amount not to exceed $7,455,700.00. The contract was completed on February 16, 2014.
As of March 18, 2016, the attached list of change orders has been approved. The effect of these change orders resulted in a net increase in an amount of $61,795.91 from the original amount awarded of $7,455,700.00. The current contract value is $7,517,495.91. The prior approved change orders reflect a 0.83% increase from the original contract value.
This contract is complete and it is necessary to decrease and close this purchase order.
This change order is in compliance with the Illinois Criminal Code since the change is due to circumstances not reasonably foreseeable at the time the contract was signed, and is in the best interest of the District.
It is hereby recommended that the Board of Commissioners authorize the Director of Procurement and Materials Management to execute a change order to decrease the purchase order and amend the agreement in an amount of $60,947.69 (0.81% of the current contract value), from an amount of $7,517,495.91, to an amount not to exceed $7,456,548.22.
Funds will be restored to Account 401-50000-645700.
Requested, Catherine A. O’Connor, Director of Engineering, JB: AMB
Recommended, Darlene A. LoCascio, Director of Procurement and Materials Management
Respectfully Submitted, Barbara J. McGowan, Chairman Committee on Procurement
Disposition of this agenda item will be documented in the official Regular Board Meeting Minutes of the Board of Commissioners for April 7, 2016
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