HomeMy WebLinkAboutFIN-08-089 - T08-046 - Domestic Natural Gas Meter Replacement Programi~';
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Report To: Mayor Carl Zehr and Members of Council
Date of Meeting: 2008-08-18
Submitted By: Larry Gordon
Prepared By: Larry Gordon
Date of Report: 2008-08-12
Report No: FIN 08-089
Subject: T08-046 -Domestic Natural Gas Meter Replacement Program
RECOMMENDATION
That tender T08-046, Domestic Natural Gas Meter Replacement Program, be awarded to
Lakeside Performance Gas Services Ltd., Brampton, Ontario at their tendered price of
$255,780., including G.S.T., with an option to extend the contract for one (1 } ninety (90} day
period, subject to mutual agreement.
BACKGROUND
Natural gas meter replacements is part of an on-going infrastructure renewal program.
Kitchener Utilities has identified the immediate need to replace 4,200 aging domestic natural
gas meters.
REPORT
Tenders were advertised publicly in The Record, on the City of Kitchener website and the
Ontario Public Buyers Electronic Tendering Information System. By the closing date of
Thursday May 1St, 2008, two (2} tenders had been received.
The following tenders were received:
Total Bid Price
Lakeside Performance Gas Services Ltd. Oakville, ON $255,780.
Aires Cooling & Heating Richmond Hill, ON $343,980.
The tenders were reviewed by B. Nash, Manager of Customer Relations, and S. Rudak, Buyer,
who concur with the above recommendation.
FINANCIAL IMPLICATIONS
Funding will be provided from index 876029 -Cap/New Small Meter Replacement
REVENUE
Balance as of August 12, 2008 $142,768.80
Additional Revenue Projected $ 14,000.00
TOTAL $156,768.80
EXPENSES
T08-046 $255, 780.
Less G.S.T. Rebate ($ 12,180.)
$243, 600. $243, 600.00
Encumbrances $ 25,095.47
Projected Expenses (unencumbered} $100,000.00
TOTAL $368, 695.47
Deficit
$211,926.67
* This is a general provision account and the shortfall will be covered off with the 2009 budget
allocation.
Larry Gordon
Director of Purchasing
Purchasing Tender -Domestic NG Meter Replacement
Funded from Index 876029 -Cap/New Small Meter Replacement
Funding Sources
Current Balance 876029, as at August 12, 2008 142,768.80
Additional Revenue Projected 14,000.00
Total Revenue Projected 156,768.80
Projected Expenditures
Tender Request (T08-046} 243,600.00
Existing Encumbrances 25,095.47
Projected Expenses (unencumbered) 100,000.00
Total Expenditures Projected 368,695.47
Projected Deficit (211,926.6
INote: All amounts above are net of GST.
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