AI- 35736
Purchasing Department 19.B.3.
CC REGULAR
- Meeting Date:
- 12/18/2012
- Submitted For:
- Martha L. Salazar
- Submitted By:
- Oscar Garza, PURCHASING DEPT.
- Department:
- PURCHASING DEPT.
Information
CAPTION
a. Requesting approval to increase PO #683499 in the amount of $19,918.97 for proposed Baseball Park Lighting Project in Lopezville Pct. 2. Proposed increase will add additional lighting for Walking Trail in same location to Project #12-274-OGG.
b. Consideration and approval of an “Irrevocable Directive of Draw Proceeds/Disbursement Agreement” as required (as a condition precedent to issuing Payment & Performance bonds) by bonding company, Insurers Indemnity Company, contract surety for Herrera and Hunt, Inc for: “Baseball Park Lighting Project in Lopezville Pct. #2” (approved by Commissioners' Court on October 30, 2012 AI #34978)and thus directing all contract funds to Aacon, Inc., disbursement agent located at 624 West University Dr., PMB #238, Denton, TX 76201-1889 for: Herrera and Hunt, Inc. and as further specified/detailed document (s) attached herein.
b. Consideration and approval of an “Irrevocable Directive of Draw Proceeds/Disbursement Agreement” as required (as a condition precedent to issuing Payment & Performance bonds) by bonding company, Insurers Indemnity Company, contract surety for Herrera and Hunt, Inc for: “Baseball Park Lighting Project in Lopezville Pct. #2” (approved by Commissioners' Court on October 30, 2012 AI #34978)and thus directing all contract funds to Aacon, Inc., disbursement agent located at 624 West University Dr., PMB #238, Denton, TX 76201-1889 for: Herrera and Hunt, Inc. and as further specified/detailed document (s) attached herein.
BACKGROUND
Approval of this request will allow surety company to provide the required payment and performance bonds to commence proposed Baseball Field Lighting and Walking Trail in Lopezvill Pct. #2
Fiscal Impact
- FISCAL YEAR:
- 2012
- ACCT. #:
- 2-1342-452-00-122-054-0-739
- FUNDS AVAILABLE Y/N?:
- Y/pending
- MATCHING FUNDS Y/N?:
- NO
BUDGETARY IMPACT:
Funding is available as per Mr. Raul Silguero*a transfer will be processed to fund the account.
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Budget and Management | Obdett Calzada | 12/14/2012 03:58 PM |
| Purchasing / Internal | Monica Salinas | 12/14/2012 05:38 PM |
- Form Started By:
- Olga Garza
- Started On:
- 12/13/2012 09:10 AM
- Final Approval Date:
- 12/14/2012