Repository: UIHistories Project: Board of Trustees Minutes - 1992 [PAGE 261]

EXTRACTED TEXT FROM PAGE:

1993]

UNIVERSITY OF ILLINOIS

249

and a $.68 per month rate for the period May 1, 1993, through July 1, 1994. Thereafter this policy will be written as a twelve-month policy and will be renewed on July 1 in order to coincide with the fiscal year.

Addendum

On April 30, 1993, the University was notified by RBI Insurance Services, Inc., that the contract would not be executed, due to the fact that the London-based corresponding broker (the individual underwriter for this program) was unable to fulfill the quote offered.

This report was received for record. Report of Contract Award, Student Services Building, Chicago (Formerly Circle Court Shopping Center)

(33) On March 26, 1993, the Board of Trustees authorized the comptroller to award a contract to the lowest responsible bidder, provided the total of the bid received did not exceed $3,800,000, for the renovation of the parking deck at the Student Services Building in Chicago. Bids have been received for this project, and the comptroller has authorized the award of a contract as follows. Division I — General F. H. Paschen, Inc., Des Plaines

Base Bid $1 476 000 Alt. A - l - A - 1 1 . . . 624 100 Alt. B 38 000 Alt. D 16 400 Alt. E 6 000 Alt. F 30 000 Alt. G 168 000 Alt. H 46 400 Alt. 1 45 000 Alt. K 33 000 $2 482 900

Total

The project consists of removal and replacement of existing concrete topping, insulation, and membrane waterproofing, repair of spalling structural concrete deck and beams; new lighting and new drain for the parking deck; and repaving of the on-grade parking lot. The parking deck surface area to be renovated is 141,200 square feet. Funds are available initially from the Auxiliary Facilities System Repair and Replacement Funds which will be reimbursed from the debt issue. A schedule of the bids received and a description of the alternates have been filed with the secretary of the board for record.

This report was received and confirmed. Report of Contract Awards, Urbana

(34) On March 26, 1993, the Board of Trustees authorized the comptroller to award contracts to the lowest responsible bidder in each division, provided the total of the bids received did not exceed the amounts listed for the respective professional services and construction contracts for each project indicated below. Bids have been received for each of these projects, and the comptroller has authorized the award of contracts as follows. (Schedules of the bids received and descriptions of the alternates have been filed with the secretary of the board for record.)