Laserfiche WebLink
Amend Agreement with Griswold Industries <br />December 1, 2020 <br />Page 2 <br />Based on emerging needs within the water system, and after evaluation of the benefits of repairing <br />valves versus replacing them, staff has concluded that several valves will need to be replaced. <br />Staff recommends increasing the agreement capacity by $400,000, for a new total amount not to <br />exceed $900,000 for the remainder of the agreement term (Exhibit 1) in order to replace the <br />identified flow control valves. <br />FISCAL IMPACT <br />Funding for the requested increase of $400,000 is budgeted for FY 2020-21 in the Water <br />Production & Supply Account (No. 06017640-62300) and will be included in proposed budgets for <br />future years as follows: <br />Fiscal Year <br />Accounting Unit— <br />Fund <br />Accounting Unit, <br />Amount <br />Account # <br />Descri tion <br />Account Description <br />Contract Term 2-Year Term <br />Water Utility Production & <br />$100,000 <br />FY 20-21 <br />06017640-62300 <br />Water <br />Supply, Contract Services <br />Professional <br />Water Utility Production & <br />$100,000 <br />FY 21-22 <br />06017640-62300 <br />Water <br />Supply, Contract Services <br />Professional <br />Renewal O tion 2-Year Term <br />Water Utility Production & <br />$100,000 <br />FY 22-23 <br />06017640-62300 <br />Water <br />Supply, Contract Services <br />Professional <br />Water Utility Production & <br />$100,000 <br />FY 23-24 <br />06017640-62300 <br />Water <br />Supply, Contract Services <br />Professional <br />Total <br />$400,000 <br />Fiscal Impact Verified By: Kathryn Downs, CPA, Executive Director— Finance and Management <br />Services Agency <br />Submitted By: Nabil Saba, P.E., Executive Director— Public Works Agency <br />Exhibit: 1. Amendment to Agreement with Griswold Industries <br />25D-2 <br />