SUBJECT:
Title
Request Approval of Change Order 2 to Purchase Order 2400544: Neptune Water Meters - Ferguson US Holdings, Inc., Newport News, VA (Budget Impact - Neutral: additional expenditure of $800,000 as approved in FY 2023-24 budget)
Body
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INITIATOR: |
DEPARTMENT: |
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Susan Olsen, Director |
Procurement Services |
DESCRIPTION/BACKGROUND:
On November 7, 2023, the Board awarded a purchase order to Ferguson US Holdings, Inc. for Neptune Water meters under standardization 14ST-142 to meet the requirements of industry standards to change out ten percent (10%) of their meters annually. There is an increased demand for new customer accounts, as a result there is a need to add funds to the project to purchase the meters necessary to meet the requirements of the demand. If approved today, an additional $800,000 will be added to the existing purchase order. These funds will specifically be used for additional installation of meters for Marion Oaks and Silver Springs Shores communities.
Attached for review is a copy of the change order. Pending approval today, the change order will be presented for the Clerk’s and Chair’s signatures.
BUDGET/IMPACT:
Neutral; additional expenditure of $800,000, bringing the total purchase order amount to $1,700,000. Funding is from line UTC000120-ZF448536-563102 (Marion County Utility Fund).
RECOMMENDED ACTION:
Recommended action
Motion to approve and authorize the Chair and Clerk to execute Change Order 2 to Purchase Order 2400544 for Ferguson US Holdings, Inc. under 14ST-142.
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