Minutes of a Regular Meeting, June 22-23, 2004 - Digital Collections

June 22-23, 2004 29183amount, within project budget limitations.The approximate total cost for this project is $550,000. Athletic Department fundshave been identified and are available for the initial expense and for operations. The net revenuegenerated from the rental of these additional connections is expected to recover this amount infour to six years and to continue as a revenue source.TABULATION OF BIDSLLOYD NOBLE CENTER PARKING LOT RV CONNECTIONSShawver &Son, Inc.OklahomaCityDeltaElectricalContractors,Inc.OklahomaCityWynnConstructionCo., Inc.OklahomaCityLibraElectricCompanyOklahomaCityWiseElectric Co.OwassoBase Proposal $233,964 $246,161 $254,326 $271,059 $437,355Alternate No. 1 135,000 142,840 140,000 142,868 254,000RV ElectricalConnection (North 101Spaces)Alternate No. 2 184,324 209,437 153,998 176,268 189,5361-1/2" AsphaltConcrete Overlay (inlieu of Seal Coat)Alternate No. 3 9,825 10,428 10,500 10,649 9,500RV Cable TV Conduit& Boxes (South 101Spaces)Alternate No. 4 9,825 9,044 10,500 10,533 9,500RV Cable TV Conduit& Boxes (North 101Spaces)Total ProposedContract Amount:Base Proposal +Alts. Nos. 1, 3 & 4 $388,614 $408,473 $415,326 $435,109 $710,355President Boren recommended the Board of Regents:I. Award a contract in the amount of $388,614 to Shawver & Sons, Inc. ofOklahoma City, the low bidder, for the Lloyd Noble Center Parking Lot RVConnections project; andII.Authorize the President or his designee to sign the Agreement for Constructionand the necessary change orders during construction within the statutory andproject budget limitations.