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Item 4C AudioItem 4C, award construction contract for the TW King Ground Storage Tank Repair and Painting to MK Painting, Inc. in the amount of $698,100.00 (six hundred ninety eight thousand, one hundred dollars). 1 The requested action for this item is to award a construction contract for the TW King Ground Storage Tank Repair and Painting to MK Painting, Inc. in the amount of $698,100.00 (six hundred ninety eight thousand, one hundred dollars). 2 The TW King Ground Storage Tank is located at 3655 TW King Road. The tank has been in operation since 1999 and has had very little maintenance. In February of this year the base of the tank began leaking and an underwater inspection video of the interior of the tank was conducted to determine the source of the leakage and the condition of the tank. The inspection video showed that the leakage was around the base of the stand pipe and a temporary plug was installed to stop the leakage. Corrosion repairs are needed as well as a fresh coat of protective paint. The exterior of the tank will also be repainted as part of this contract. 3 These pictures illustratethe location and the condition of the ground storage tank. 4 This is a summaryof the eight companies that bid on this project. The recommended contract award amount for the base bid is $698,100.00. The base bid price is for accessing the tank via the existing manway. The alternate bid price is for accessing the tank via cutting a new section which the City desires not to do. 5 The funding for this project is within the budget amount allocated from the fiscal year 2012 Capital Improvements Projects Utility Fund. 6 Theapproval of this project links to the city’s strategy map relative to the focus areas of Infrastructure. The specific corporate objective that is met by this project is: Invest to provide and maintain high quality public assets. 7 If you have anyquestions regarding this item, contact Robert H. Price at 748-8097. 8