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Contract Awards for Water Meter Vault Replacements <br />October 18, 2016 <br />Page 2 <br />Bids were opened on September 15, 2016, and evaluated (Exhibit 1). The bids received from the <br />recommended vendors are responsive to the specifications, meet the City's requirements, and <br />comply with prevailing wage requirements. Staff recommends awarding contracts to the three <br />lowest bidders to allow for competitive quotes on individual jobs and scheduling flexibility. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Strategic Plan Goal #6 — Community <br />Facilities & Infrastructure, Objective #2 (address deferred maintenance on City buildings and <br />equipment). <br />FISCAL IMPACT <br />Funds in the amount of $425,000 are available FY 2016-17 Water Quality and Measurement <br />Account (No. 06017644-62300). Subsequent funding of $425,000 annually will be budgeted and <br />made available in FY 2017-18, FY 2018-19, FY 2019-20 and FY 2020-21, if the renewal option is <br />exercised. <br />APPROVED AS TO FUNDS & ACCOUNTS: <br />1AJA �If <br />F Mousavipour Francisco Gutierrez <br />Executive Director Executive Director <br />Public Works Agency Finance & Management Services Agency <br />FM/NS/RR/sm/sp <br />EXHIBIT: 1. Abstract of Bids <br />228-2 <br />