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Caption: Board of Trustees Minutes - 1990 This is a reduced-resolution page image for fast online browsing.
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1990] UNIVERSITY OF ILLINOIS 71 the University may contract with each other and other parties as to the construction of any project to be constructed on University property. Accordingly, the president of the University, with the concurrence of the appropriate administrative officers, recommends that the University contract with the Capital Development Board to undertake the additional work for the project. T h e amount of the University's share of the contract will not exceed the increased amount, i.e., $57,739. T h e University funds are available in the Fiscal Year 1991 institutional funds budget of the Chicago Physical Plant. On motion of Mrs. Calder, this recommendation was approved by the following vote: Aye, Dr. Bacon, Mr. Boyle, Mrs. Calder, Mrs. Gravenhorst, Mr. Hahn, Ms. Reese, Mrs. Shepherd, Mr. Wolff; no, none; absent, Mr. Grabowski, Governor Thompson. (The student advisory vote was: Aye, Mr. Forbes; absent, Ms. Kelly.) Rescission of Previous Award; and Award of Contract for Repairs, Minor Remodeling, and New Construction, Urbana I (27) On May 11,1989, the Board of Trustees approved the award of contracts for repairs, minor remodeling, and new construction at the Urbana campus. T h e award included a contract for general work to Byrd's Construction Company, Urbana, with an option to extend the contract for an additional year under the same terms and conditions. On May 10, 1990, the board approved the exercise of this option. Subsequently, Byrd's Construction Company notified the University of Illinois that it had suffered an economic hardship under the terms of the contract and requested that the option to extend not be exercised. T h e Operation and Maintenance Division at the Urbana campus and the Office for Capital Programs concur and recommend that the prior approval of the option to extend be rescinded. T h e univerity counsel has advised that under these circumstances the University's regulations allow this action. T h e president of the University, with the concurrence of the appropriate administrative officers, recommends rescission of the board's action of May 10, 1990, as described above. II On August 2 1 , 1990, a single bid was received for the general work for repairs, minor remodeling, and new construction at the Urbana campus. T h e president of the University, with the concurrence of the appropriate administrative officers, recommends the award of the following cost-plus contract for the general division of repairs, minor remodeling, and new construction work at the Urbana-Champaign campus for the period October 1, 1990, through June 30, 1991. Percent for Material General Dean Evans Company, Champaign 9.0 Percent for Labor 53.0 Percent for Subcontracts 9.0 Total Estimated Fee Payments $176 800 T h e contractor bid on percentages to be added to an estimated volume of material, labor, and subcontractors. T h e contract is for individual projects estimated to cost less than $100,000. Funds as required will be authorized by a contract work order which will be charged against funds allocated for each project. It is recommended that the
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