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HomeMy WebLinkAboutTR-12-93 Fp TOWN OF NEWCASTLE REPORT Res. By-Law # MEETING: GENERAL PURPOSE AND ADMINISTRATION COMMITTEE DATE: February 15, 1993 REPORT #: TR_12-9 3 FILE #: PRE-BUDGET TENDERING - 1993 BUDGET RECOMMENDATIONS: It is respectfully recommended that the General Purpose and Administration Committee recommend to Council the following: 1. THAT Report TR-12-93 be received; 2 . THAT approval be given to proceed with following pre- budget tendering as identified below: PROJECT COST FUNDING (Estimated) (Estimated) Public Works: 1. Surface Treatment $270,000. 00 Subsidy/Tax (High Float & Pulverizing) ( 135,000/135,000) 2 . Prince Street $355,000. 00 Subsidy/Tax/ Liberty to Simpson Avenue Development Charge ( 151,000/1511000/ 52,500) BACKGROUND AND COMMENT: The 1993 budget is tentatively scheduled to be brought to Council for consideration and deliberations in March 1993. Page - 2 - TR-12-93 PRE-BUDGET TENDERING - 1993 BUDGET Consistent with the practice over the past years, it is recommended that approval be given for an early tender call for some of the proposed projects in advance of the approval by Council of the 1993 budget. The reason for this recommendation is that it is generally thought that the early tender calls receive more competitive prices because contractors are anxious at the beginning of the construction season to get a project to insure that they can put their work force back to work as soon as possible. Also, those projects which commence early in the year are often substantially complete before the heavy traffic time during the summer and are therefore less disruptive to the public. It is proposed that the tenders be advertised on March 10, 1993 . The tendering process requires that Council approve the staff recommended selection, so the final decision in these matters will be by Council Resolution. Respectfully submitted, Recommended for presentation to the Committee, RhYle Marano, H.B.Sc . , AMCT. , Lawrence E. Kot f, Treasurer. Chief Administrative Officer. ; ` W.A. Evans, P.Eng. , Director of Public Works . LAB/hjl i i I 06