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Frr of sa�+ .x+ <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: February 20, 2025 <br />RE: Approval of a Third Amendment to Agreement with IAM Electric, Inc. for <br />Street Lighting Preventative Maintenance and As -Needed Electrical Services <br />RECOMMENDATION: <br />Staff recommends approval of this Resolution. <br />REASONS: <br />The City is nearing completion of the Collins Avenue electrical undergrounding project, and it is essential <br />to finalize Phase 3 to provide service to secondary lines for adjacent businesses. Timely completion of <br />this phase is critical to ensure the removal of overhead power lines before the start of hurricane season, <br />reducing potential storm -related hazards. <br />The scope of work is to run underground conduits and conductors from existing or new pull boxes to the <br />transformers in 6 different locations. <br />IAM ELECTRIC, Inc. has submitted a proposal based on time and materials, estimated at $58,908.00 <br />Their proposed rates are consistent with those provided in their bid award for ITB 23-11-01. A <br />contingency of $6,092.00 is included to address any unexpected conditions that may arise during the <br />completion of Phase 3. <br />Approval of this resolution will amend the existing agreement with IAM ELECTRIC, Inc. to include <br />Phase 3 of the Collins Avenue Undergrounding Project. <br />The amendment will increase the total contract amount to $657,000.00. <br />Item Number: 9.F <br />138 <br />