Title
Consider approval to award Bid #Q-1226-01 to Cole Construction, Inc.; for the Arbor Brook Channel project; in the amount of $3,296,227.65; with a maximum potential incentive of $100,000.00; and to approve Change Order 1 with Cole Construction, Inc.; for additional drainage work along Briarcove Lane; in the amount of $140,893.43; for a total award amount of $3,537,121.08; as provided for in the Drainage Utility District (DUD) fund, fund balance and the Water Sewer retained earnings fund; and authorizing the City Manager to sign any necessary documents.
Summary
Fiscal Impact:
The total fiscal impact of this agenda item is $3,537,121.08. Of this amount, $2,340,303.31 will be funded from the Drainage Utility District (DUD) Fund balance, and $1,196,817.77 will be funded from the Water/Sewer Fund’s retained earnings and incorporated into the budget amendment to be presented to Council in May/June 2026.
Staff Recommendation:
The Public Works Department recommends approval.
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