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APPROVING A CONTRACT FOR CONSTRUCTION WITH MARTAM CONSTRUCTION, INC. OF ELGIN, ILLINOIS FOR RANDALL ROAD AT ILLINOIS ROUTE 72 INTERSECTION IMPROVEMENT, KANE COUNTY SECTION NO. 19-00514-00-WR
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WHEREAS, bids have been solicited and received by the Illinois Department of Transportation (IDOT) for the work and/or construction described as:
KANE COUNTY SECTION NO. 19-00514-00-WR
RANDALL ROAD AT ILLINOIS ROUTE 72 INTERSECTION IMPROVEMENT
(hereinafter the "Project")
WHEREAS, the lowest responsible bidder for the Project is:
MARTAM CONSTRUCTION, INC. of ELGIN, ILLINOIS
With a low bid of
$11,987,773.76
WHEREAS, pursuant to Kane County Resolution No. 25-331, Kane County previously entered into a Local Agency Agreement for Federal Participation in the Project utilizing Federal, State and County funds to pay for the construction costs thereof; and
WHEREAS, the Project is estimated to be funded in the amount of Seven Million Six Hundred Twenty-Two Thousand Seven Hundred Dollars ($7,622,700.00) in Federal funds with the County's share of the Project estimated to be Four Million Three Hundred Sixty-Five Thousand Seventy-Three and 76/100 Dollars ($4,365,073.76); and
WHEREAS, the County deems it prudent to include in its estimated Project cost a contingency of Four Hundred Thirty-Six Thousand Five Hundred Seven and 38/100 Dollars ($436,507.38) (10%) of the County's share of the Project for any net additions to the IDOT contract not offset by reduced quantities or unused pay items for a total appropriation request of Four Million Eight Hundred One Thousand Five Hundred Eight-One and 14/100 Dollars ($4,801,581.14).
NOW, THEREFORE, BE IT RESOLVED by the Kane County Board that the award of a contract by IDOT for the construction of the Project is hereby approved and there is hereby appropriated Four Million Eight Hundred One Thousand Five Hundred Eight...
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