The Building, Housing and Planning Department (BHP) requests approval for an Essential Home Repair loan in the amount of $6,583.50 to replace the electrical panel and outlets at 1225 W. 21st St Lorain OH 44052 for Stephen Rico. 
G.I.D. submitted the most complete and cost-effective estimate for the scope of work to be completed for $5,985.00. The total funds requested, including a 10% contingency of $598.50, is $6,583.50.

Additional estimates received were Eiffel Builders Inc for $7,298.00, and Moore Integrity Construction for $9,500.00. The additional estimate amounts do not include the 10% contingency. The work will be paid out of the Block Grant Home Repair funds, account number 2260.R.226.7130.6400.6100 and is contingent on compliance with other federal requirements, including environmental reviews.