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Tp aF s:1 ci rx+ <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br />(305) 947-0606 City Hall <br />(305) 949-3113 Fax <br />MEMORANDUM <br />TO: Honorable Mayor and City Commissioners <br />VIA: Stan Morris, City Manager <br />FROM: Fabricio Volpi, Public Works Director <br />DATE: January 16, 2025 <br />RE: Second Amendment to Agreement with IAM Electric, Inc. for Street Lighting <br />Preventative Services <br />RECOMMENDATION: <br />Staff recommends approval of this Resolution. <br />11�iF��Ii<��I <br />The City is nearing completion of the Golden Shores Undergrounding Project. The portion left for the <br />City to complete requires an electrician to work directly with FPL to connect the homes. Our current <br />contractor does not have an electrician on staff and would need to sub -contract this portion of the <br />work. The proposed subcontractor is IAM Electric (IAM). IAM is currently a contractor for the city for <br />street light maintenance and other electrical work via Invitation to Bid ITB No. 23-11-01. Therefore, the <br />city has an opportunity to contract directly with IAM to ensure better control over the project and a <br />potential cost savings. <br />IAM has provided a proposal to complete this work based on Time and Materials estimated at <br />$372,000.00. Their proposal matches the same rates as provided in their bid award for ITB 23-11-01. <br />Staff is requesting approval of this resolution to amend the existing agreement with IAM to add the <br />Golden Shores Undergrounding project in an amount not to exceed $372,000.00 bringing the total <br />amount of the contract to $592,000.00. <br />FUNDING SOURCE: <br />Funding for this item is included in the Capital Improvement Program budget, account number <br />Item Number: 9.S <br />435 <br />