Repository: UIHistories Project: Board of Trustees Minutes - 1954 [PAGE 1362]

EXTRACTED TEXT FROM PAGE:

1954]

U N I V E R S I T Y OF

ILLINOIS Amount to be Paid to the University

$ 34 462 10 8 885 00 25 600 00 7 000 00 30 000 00 23 880 00 9 000 00 6 000 00

1359

Effective Date December 1, 1953 February 10, 1954 January 13, 1954 December 1, 1953 March 1. 1954 March i, 1954 February 3, T954 February 3, 1954 December 28, 1953 Effective Date April 6, 1954

Purpose With Whom Aviation psychology study United States Navy N6ori-o7 > (' 6) Digital computer components United States Navy study N6ori-O7i(z4) Dielectric and semiconducting United States Navy solids study N6ori-o7i(29) Electrical properties of semiconUnited States Navy ductors study N6ori-07i(38) Solid state and surface physics of United States Navy semiconductors study N6ori-o7i(4°) Exchanges and propagation of exUnited States Navy citation energyin solutions study N6ori-o7lU8) Antibiotic substances study Upjohn Company New antibiotics study Upjohn Company Veterans Administration Addition and discontinuance of certain correspondence courses V1001V-96 With Whom International Business Machines Corporation Purpose Rental of additional equipment

Rates per contract Amount to be Paid by the University

$ 12 288 00

Adjustments Made in I95?-I953 Cost-Pius Contracts (Adjustments in projects authorized prior to July I, 1953)

With Whom Potter Electric Service Reliable Plumbing and Heating Company With Whom E. T. Drewitch (Plastering) Purpose Two deduct items: $287.90 and $ 15.04 Noyes Laboratory rooms 3 17. 305B Amount $ 302 941 1 335 251 Date April, 1954 March 14, 1954

Adjustments

Made in I953-I954 Cost-Pius

Contracts

Date April, 1954

Purpose Twenty-eight minor items: #84,01 deduct to 3950.00

Amount $ 2 013 82

This report was received for record.

QUARTERLY REPORT OF THE COMPTROLLER (23) The Comptroller presents his quarterly report to the Board as of March 31, 1954-

This report was received for record and a copy has been filed with the Secretary of the Board.

CONTRACT FOR VENTILATING INSTALLATIONS IN NEW LAW BUILDING (24) The contracts awarded by the Board of Trustees on April 21, 1954, for the construction of the new Law Building included one of $161,425 to the R. H. Bishop Company, Champaign, for the ventilating installations. The Company is in a voluntary receivership (due to an unwise venture into manufacturing of appliances) but is operating as usual, all creditors having been paid in full more than two years ago, and only an agreement for settlement of federal taxes due remains to be executed before the receivership is terminated. Mr. R. H. Bishop, the principal owner, found that after the contract was awarded to his Compaq-, no bonding company will insure a firm in receivership, although he had been previously assured before submitting a bid that a bond would be furnished. However, he can readily obtain a bond if the contract is assigned to him as an individual even though the contract is performed by the Company. Following a conference of the interested parties, including University representatives, it was suggested that the contract be executed by the R. H. Bishop Company and that the Company assign the contract to R. H . Bishop as an individual. This is permissible under the terms of the contract if the assignment is approved by both parties. Under such an arrangement, the R. H . Bishop Company would still be held as a responsible party to the contract, and Mr. Bishop as an individual would be able to furnish the required bond. The Director of the Physical Plant and the Comptroller recommend that the Board authorize assignment of the contract executed by the R. H. Bishop Com1

Deduct.