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Contract Award for an Insertion Valve System <br />October 18, 2016 <br />Page 2 <br />Bids were opened on September 21, 2016, and evaluated. Bid results are as follows: <br />Vendor <br />Ferguson Enterprises <br />Advanced Valve Technologies, Inc. <br />Location Amount <br />Santa Ana, CA $107,020.53 <br />Elk Grove Village, IL $109,001.62 <br />The bid received from Ferguson Enterprises, a Santa Ana vendor, is responsive to the <br />specifications and meets the City's requirements. <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 #1 (establish and maintain a Community Investment Plan for <br />all City assets), Strategy C (invest resources and technology to extend the service life of existing <br />infrastructure to protect the City's investment and support a high quality of life standard). <br />FISCAL IMPACT <br />Funds in the amount of $107,025 plus a contingency of $2,500 are available in FY 2016-17 <br />Water System Maintenance Account No. (06017641-66400). <br />'Freb Mousavipour <br />Executive Director <br />Public Works Agency <br />FM/NS/RR/sm/sp <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />22Ci-2 <br />