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HomeMy WebLinkAbout _ 4.5(c)--Authorize the Procurement of Primary Concrete Vaults and Lids on a Per Quote Basis � � �' � � � � � � ' � �' � � ' � ` CITY OF REDDING REPORT TO THE CITY COUNCIL MEETING DATE: August 7, 2024 FROM: Nick Zettel, Director of ITEIVI NO. 4.5(c) Redding Electric I7tility ***APPROVED BY*** � ��. ; � _ � v �� ��„ ���� �1c ct c, yrectc� �ii' e in� tri�ttt32ity 7r'?�"?t�2� rS' �p�tt�,C�i ��t t� 7,'29�'2{}? nzettel@cityofredding.org btippin@cityofredding.org SUBJECT: 4.5(c)--Authorize the procurement of Primary Underground Electrical Vaults and Lids on a Per Quote Basis Recommendation Authorize the following actions related to the procurement of primary concrete vaults and lids: (1) Authorize the procurement of primary concrete vaults and lids from Cook Concrete Products, Inc (Cook) and/or Jensen Precast(Jensen) on a per quote basis; (2) Authorize the purchase spending limit with Cook andlor J�ensen for purchases of primary vaults and lids for a total not to exceed $600,000 per fiscal year starting in Fiscal Year 2024-25 thro�ugh the end of Fiscal Year 2025-26; and (3) Authorize the City Manager, or designee, to approve an additional $150,000 per fiscal year, if needed, due to unforeseen cost increases resulting from ongoing supply chain disruptions. Fiscal Impact The purchase of primary concrete vaults and lids was included in Redding Electric Utility's (REU) General System Improvements Fiscal Year 2023-25 Biennial Budget and the Overhead/Underground Infrastructure Replacement Project for the Electric Utility Line Construction Services. Tn the five-year plan presented to the City Council (Council), REU anticipated these projects may be bond-funded. If capital expenses related to these efforts are projected to exceed the approved budget, staff wi11 return with additional recommendations related to budgetary adjustments and financing options Alternative Action The Council could choose not ta autharize purchases from Cook and Jensen on a per qua�e basis, and request staff to return to the Council with alternative options. Report to Redding City Council Ju1y 31,2024 Re: 4.5(c)--Authorize the Procurement of Primary Concrete Vaults and Lids on a Per Quote Basis Page 2 Background/Analysis Primary concrete vaults and lids are installed in underground electric cable termination points to support new development projects and internal reconstruction projects. REU utilizes these vaults and lids at sectionalizing and operational locations within the system to serve customers as well as to facilitate construction and enhance function and reliability. The previous approval to purchase primary concrete vaults and lids on a per quote basis from Cook ended June 30, 2024. The City of Redding's (City) Purchasing Division solicited new bids for primary vaults and lids in June 2024 (Bid #5495). The bid advertisement resulted in zero bid responses due primarily to ongoing fluctuations in material and labor prices After consultation with the City's Purchasing Officer, staff is seeking the Council's approval to purchase vaults and lids from Cook and/or Jensen on a per quote basis. Approving the purchase of vaults and lids from the two different vendors allows REU to evaluate multiple quotes and purchase the best option based on up-to-date pricing and lead times as the supply chain continues to stabilize. Both vendors have been approved and utilized in the past and have demonstrative quality products at coinpetitive prices. Based on the elevated costs of goods, the nuinber of projects currently in development, and the work that needs to be performed on RELT's aging infrastructure, the anticipated budget for vaults and lids is a not-taexceed amount of$600,000 annually. Environmental Review This is not a project defined under California Environmental Quality Act, and no further action is required. Council P�io�ity/City Manager Goals This agenda item is a routine operational item.