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RESOLUTION NO. 2021 -JG- I- <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, <br />FLORIDA, RATIFYING AN AGREEMENT WITH THE STOUT GROUP, INC. FOR THE <br />CONSTRUCTION OF THE GOLDEN SHORES UTILITY UNDERGROUNDING <br />PROJECT, IN A TOTAL AMOUNT NOT TO EXCEED FIVE MILLION EIGHT HUNDRED <br />FIFTY-EIGHT THOUSAND FOUR HUNDRED SEVENTY-SEVEN DOLLARS AND <br />EIGHTY-SEVEN CENTS ($5,858,477.87), ATTACHED HERETO, IN SUBSTANTIALLY <br />THE SAME FORM, AS EXHIBIT "A"; AUTHORIZING THE CITY MANAGER TO DO <br />ALL THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; PROVIDING FOR <br />AN EFFECTIVE DATE. <br />WHEREAS, the City of Sunny Isles Beach ("City") issued and advertised Invitation to Bid <br />No. 20-08-01 ("Bid") for professional construction services for the Golden Shores Utility <br />Undergrounding Project and received five (5) bids, and it was determined that The Stout Group, <br />Inc. ("Contractor") was the lowest responsible and responsive bidder; and <br />WHEREAS, on October 211t, 2021, via Resolution No. 2021-3257, the City Commission <br />awarded the Bid to, and authorized the City Manager to negotiate and enter into an Agreement <br />with, the Contractor, provided said Agreement was subsequently ratified by the City <br />Commission; and <br />WHEREAS, the City Manager negotiated an Agreement with the Contract in an amount <br />not to exceed $5,858,477.87, which includes a contingency in the amount of $375,000.00; and <br />WHEREAS, the City Commission wishes to ratify the Agreement with The Stout Group, <br />Inc. for the Construction of the Golden Shores Utility Undergrounding Project, in an amount not <br />to exceed Five Million Eight Hundred Fifty -Eight Thousand Four Hundred Seventy -Seven Dollars <br />and Eighty -Seven Cents ($5,858,477.87), attached hereto, in substantially the same form, as <br />Exhibit "A". <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY <br />ISLES BEACH, FLORIDA, AS FOLLOWS: <br />Section 1. Ratification of Agreement. The City Commission hereby ratifies the Agreement <br />with The Stout Group, Inc. for the Construction of the Golden Shores Utility Undergrounding <br />Project, in an amount not to exceed Five Million Eight Hundred Fifty -Eight Thousand Four <br />Hundred Seventy -Seven Dollars and Eighty -Seven Cents ($5,858,477.87), attached hereto, in <br />substantially the same form, as Exhibit "A". <br />Section 2. Authorization of City Manager. The City Manager is hereby authorized to do all <br />things necessary to effectuate this Resolution. <br />Section 3. Effective Date. This Resolution shall become effective upon adoption. <br />@BCL@CCOF3A2C.doc Page 1 of 2 <br />