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Caption: Board of Trustees Minutes - 1990
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516 B O A R D OF T R U S T E E S [April 9 Contracts, Minor Building Alterations, Repairs, New Construction, and Asbestos Abatement, Urbana (11) On April 11 and July 11, 1991, the Board of Trustees approved the award of the following cost-plus contracts for minor building alterations, repairs, new construction, and asbestos abatement at the Urbana campus for the fiscal year ending June 30, 1992, with an option to extend the contracts from July 1, 1992, through June 30, 1993, under the same terms and conditions: Percent for Material General Roessler Construction Co., Rantoul Plumbing Reliable Plumbing & Heating Company, Champaign Heating, Piping, and Refrigeration Ruyle Corporation, Peoria Ventilation and Air Distribution Reliable Plumbing & Heating Company, Champaign Electrical Central Illinois Electric Company, Pesotum Plastering, Plaster Patching, and Repairs Dean Evans Company, Champaign Lightning Protection Midwest Lightning Rods, Decatur Asbestos Abatement Environmental Control 8c Abatement, St. Louis, Missouri Percent for Labor Percent for Subcontracts Total Estimated Fee Payments 7.0 48.5 7.0 $160 800 5.0 15.0 49.0 45.7 2.0 3.0 15 050 32 890 5.0 61.5 2.0 25 200 9.0 48.0 5.0 61850 9.0 56.0 9.0 55 000 30.0 70.0 5.0 8 000 12.0 81.0 5.0 66 500 The president of the University, with the concurrence of the appropriate administrative officers, recommends that the options described now be exercised. 1 Funds as required will be authorized by a contract work order which will be charged against funds allocated for each project. It is also recommended that the comptroller be authorized to approve work orders under these contracts. (The Operation and Maintenance Division at the Urbana campus has recommended the exercise of the options since the work performed by each of the contractors for these divisions of work has been satisfactory and a review indicates that the option price would be more favorable than the probable bid price.) 1 T h e contractor for insulation work, Champaign A&K Insulation Company, has requested that the University not exercise its option due to significant increases in the contractor's union's fringe benefits, which would cause the contractor severe financial hardship. T h e Operation and Maintenance Division recognizes the probable financial hardship and recommends that the University not exercise its option to extend the contract with Champaign A&K Insulation Company. T h e contract will be rebid.
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