Repository: UIHistories Project: Board of Trustees Minutes - 1962 [PAGE 480]

EXTRACTED TEXT FROM PAGE:

[961]

UNIVERSITY OF ILLINOIS

477

Location of Mire F.o.b. Mine R.I1 and Zoller Coal Company, Chicago 25,000 terns @ $5.13 Murdock $128 250 00 Rfouhlic Coal and Coke Company, Chicago 124,000 tons @¥4.88..--, Hitlery 60S 120 00 V Dav Coal Company, Danville 24000 tons @ $4.53 Danville 108 720 00 Freight rate an 173,000 tons @ $1.35 per ton 233 550 00 Total Cost $1 075 640 00 Sealed bids on uniform specifications were opened on April 18, 1961. Invitations to bid were sent to twenty-three producers, xn addition to solicitation by nt-wsp&pef advertisements. The bids are evaluated in the terms of the number of British Thermal Units purchased for one cent based on guaranteed analysis. A continuous check is maintained to insure compliance with specifications. It is advantageous to have contracts with three sources of supply to be assured of delivery of coat at all times. The prices quoted are based, on present wage scales and are subject to increase or decrease in event that wage contracts now in effect are changed. Any 5ueh change will affect the price to the extent that production costs are increased or decreased by new contracts. The University may cancel the balance of the [Furchase contract if it believes that any price adjustment is not justified. 3 concur and recommend that the Comptroller and the Secretary of the Board be authorized to execute contracts as recommended, subject to the approval by the Governor as required by the State Constitution. On motion of M r . H u g h e s , these contracts were awarded, as recommended, by the following vote: Aye, Mr, G e m e n t , Mr. Dilliard, Mr. fJarewood, M r . Hughes, Mr. Pogue, Mr. Swain, M r s . Watkins, Mr. Williamson; no, none; absent, Mr. Johnston, M r . Kerner, Mr. Wilkins.

CONTRACTS FOR FUEL FOR MEDICAL CENTER STEAM PLANT AND FOR CHICAGO UNDERGRADUATE DIVISION

Coal for Medical Center Steam Plant (18) The Director of the Physical Plant, the Business Manager of the Chicago Colleges and Divisions, and the Vice-President and Comptroller recommend award of a contract to the Crerar Clinch Coal Company, 3552 West Division Street, Chicago 51, Illinois, the lowest bidder, for an amount not to exceed 42,000 tons of seteemngs coal per year, to be delivered to the Medical Center Steam Company plant, operated by the University, as required during the period July 1, 1961, to June 30, 1953, at a per-ton cost of $6.05, phis transportation of $0.8°, plus $0.80 for handling, storage, and delivery, or a total expenditure not to exceed $550,160 for the two-year period. This price is based on present wage scales and is subject to increase or decrease in the event wage contracts or freight rates now in effect are changed, and any such change affects the price. The University has the right of approval of any such increase in price. The lowest bid is determined by the number of British Thermal Units per re* cent of cost, based, on guaranteed analysis. A continuous check is provided to injure compliance with the specifications. Fuel OU for Medical Center Steam Plant The aforesaid officers also recommend the purchase of a minimum of 8,000 gallons W No. 5 fuel oil with the option of purchasing as much more as may be required •or emergency use, but not to exceed 450,000 gallons, for the 1961-62 heating =rason, from the Suburban Oil Company, 7340 West Fifteenth Street, Forest 'ark, Illinois, the lowest bidder, at a current price of $0,079 per gallon subject to adjustment in accordance with the posted price variations published in the "Oil Daily." Th e total cost of 8,000 gallons would not exceed $632, and of 450,000 Saltans, $35,550. The Medical Center Steam Company plant Is equipped to bum either coal, s^ or oil. Winter operation has been with coal, and summer with gas. The