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HomeMy WebLinkAboutE-4.1. Reject Bids for W-265BCONSENT CALENDAR TO: HONORABLE CHAIRPERSON AND MEMBERS OF THE AZUSA UTILITY BOARD FROM: MANNY ROBLEDO, DIRECTOR OF UTILITIES DATE: MARCH 22, 2021 SUBJECT: REJECT ALL BIDS FOR PROJECT W-265B CYPRESS STREET WATER MAIN REPLACEMENT BETWEEN LARK ELLEN AVENUE AND VINCENT AVENUE BACKGROUND: On January 25, 2021, the Azusa Utility Board authorized staff to solicit formal bids for Project W-265B Cypress Street Water Main Replacement between Lark Ellen Avenue and Vincent Avenue. Thirteen bids were received and opened by the Azusa City Clerk Office on February 25, 2021, with the lowest bid received totaling $3,231,746.10. After careful consideration of the Water Fund’s cash reserves and the estimated revenues for this fiscal year, staff recommends the Utility Board to reject all bids and defer award of this project to a later date. RECOMMENDATION: Staff recommends the Utility Board take the following action: 1)Reject all bids for Project No. W-265B Water Main Replacement between Lark Ellen Avenue and Vincent Avenue. ANALYSIS: On January 25, 2021, the Azusa Utility Board authorized staff to solicit bids for Project W-265B Cypress Street Water Main Replacement between Lark Ellen Avenue and Vincent Avenue. The project proposed to replace approximately 7,100 linear feet of distribution water main and 2,100 linear feet of transmission main with new ductile iron class 350 pipeline, fire hydrants, valves, and services. Thirteen bids were received and opened by the Azusa City Clerk Office on February 25, 2021, with the lowest bid received totaling $3,231,746.10. E-4Approved Utility Board 3/22/21 Reject Bids for W-265B March 22, 2021 Page 2 Water Division Capital Improvement Projects (“CIP”) are funded through unrestricted cash reserves in Water Fund 32. The City of Azusa Utility Board adopted, via resolution, a reserve policy for the Water Fund in July 2008, which was subsequently updated in 2014. The reserve policy requires a minimum target balance of $19.6 million dollars, which includes: 90 days of operating cash flows, 4 years of capital project expenditures, and $5 million for contingencies. Current approved Water Division Capital Outlay and CIP Project expenditures total $7,220,639 for the current fiscal year. With the award of CIP W-265B for $3,231,746.10, reserve levels would be reduced near the minimum target balance. Having completed the design of Project W- 265B, staff proposes to defer construction of this project until such a time that reserve levels have recovered to a sustainable level. FISCAL IMPACT: There is no fiscal impact related to the proposed action. Prepared by: Reviewed and Approved: Jared Macias Manny Robledo Assistant Director of Utilities – Water Operations Director of Utilities Reviewed and Approved: Sergio Gonzalez City Manager