Repository: UIHistories Project: Board of Trustees Minutes - 1958 [PAGE 537]

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534

BOARD OF TRUSTEES

[July 16

I concur and recommend that the Comptroller and the Secretary of the Board be authorized to execute this contract, subject to release of funds.

On motion of Mr. Johnston, this contract was awarded, and the Comptroller and the Secretary of the Board were authorized to execute the same, subject to release of funds. This action was taken by the following vote: Aye, Mr. Bissell, Mrs. Holt, Mr. Hughes, Mr. Johnston, Mr. Livingston, Mr. Nickell, Mrs. Watkins, Mr. Williamson; no, none; absent, Mr. Herrick, Mr. Stratton, Mr. Swain.

CONTRACTS FOR EQUIPMENT FOR ABBOTT POWER PLANT ADDITION (29) The Director of the Physical Plant and the Vice-President and Comptroller recommend awards of contracts for items of equipment and structural steel for the Abbott Power Plant addition (unit 6) as follows, the award in each case being to the lowest bidder: Turbine Generator Unit and Electrical Equipment (Division "7-B") Base Bid Maximum Cost General Electric Company S631 000 $694 100 840 South Canal Street Subject to 10 Chicago 80, Illinois per cent escalation Condensing Equipment (Division " 7-C") Worthington Corporation 80 700 88 770 400 West Madison Street Subject to 10 Chicago 6, Illinois per cent escalation All bids on the turbine generator unit and electrical equipment, and on the condensing equipment are subject to adjustment upward or downward for changes in labor and material costs at the time shipments are due (balance due after the date of shipment is adjusted as of the date of shipment), a provision generally adopted by the industry. Bid prices are f.o.b. Abbott Power Plant. Structural Steel (Division " 7-D") Unit Prices per Pound for Structural Bracing Column Steel Members Members Anchor Bolts 35 tons 4 tons 0.2 tons ?.i65 J.2065 $.30 All of these prices are firm for the structural steel furnished and are f.o.b. Abbott Power Plant. Based on the bid prices per pound and the estimated quantities of structural steel required, the total cost will be approximately: Structural Members, 35 tons $11 55° Trusses and Bracing Members, 4 tons 1 652 Column Anchor Bolts, 0.2 tons 120 Total $13 32 2 The quantities of the various classifications of structural steel are based on preliminary estimates of requirements and the total tonnage to be purchased may vary from those established by 10 per cent or more when detailed drawings are developed. Sargent and Lundy, Chicago, consulting engineers for this project, have reviewed all bids received and report that the proposal of the lowest bidder in each case is in line with estimates of costs and complies with bidding requirements in all respects. Funds for this equipment and installations are available in the state appropriation "For an addition to the Power and Heating Plant, with fixed equipment installed, including plans and specifications, extension of utilities to the building, and all other necessary costs and charges incident to the completion of the work, subject to release by the Governor. Hansell-Elcock Company 485 West 23rd Place Chicago 16, Illinois