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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM 14-00800 FILE ID: Date: 7/10/2014 Requesting Department: Public Facilities Commission Meeting Date: 9/11/2014 District Impacted: All Type: Resolution ❑ Ordinance n Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Repair Services for the Mooring System Purpose of Item: Law Department Matter ID No. The nature of this item is to establish a term contract for repair services for the mooring system, with Miami Cordage Company, Inc., the lowest responsive and responsible bidder, on an as needed contractual basis, for an initial contractual period of one (1) year with options to renew for three (3) additional one-year periods. Allocating funds from the various sources of funds from the user departments and agencies, subject to availability of funds and budgetary approval at the time of need. Background Information: The City of Miami has a need for repair services for the mooring system. On May 13, 2014, the Procurement Department issued an Invitation for Bid (IFB No. 460321). As required by the Procurement Code, the IFB was advertised and issued online. On May 28, 2014, at the bid opening, two (2) bids were submitted and tabulated. The Procurement Department is recommending award to Miami Cordage Company, Inc., the lowest responsive and responsible bidder per bid specifications. The estimated total contract amount is $60,000.00. Budget Impact Analysis NO Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No: As required by Department Special Revenue Account No: N/A CIP Project No: N/A NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: N/A Maintenance Cost: N/A Total Fiscal Impact: $60,000.00 CIP N/A Gr[#'n ng or receiving capital funds N/A Procurement Chief Final Approvals (SIGN AND DATE Budget Risk Management Dept. Director, City Manager, Page 1 of 1