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RESOLUTION NO. <br /> RESOLUTION ACCEPTING THE BID AND AUTHORIZING THE EXECUTION <br /> OF A CONTRACT WITH INSITUFORM TECHNOLOGIES USA,LLC,FOR THE <br /> 2024 TRENCHLESS LONG LINING REPAIRS,CITY PROJECT 2024-28 <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DECATUR, <br /> ILLINOIS: <br /> Section 1. That the tabulation of bids received for City Project 2024-28, 2024 Trenchless <br /> Long Lining Repairs, and presented to the Council herewith,be received and placed on file. <br /> Section 2. That the bid of Insituform Technologies USA, LLC, in the amount of <br /> $658,089.42 be, and it is hereby, accepted and a contract awarded, accordingly. <br /> Section 3. That the Mayor and City Clerk be, and they are hereby authorized and <br /> directed to execute a contract between the City of Decatur,Illinois, and Insituform Technologies <br /> USA, LLC, attached hereto as Exhibit A and made a part hereof, for said plan, in the amount of <br /> $658,089.42. <br /> Section 4. That at the end of the contract and after the City has verified and documented that <br /> Minority Business Enterprise expenditures met or exceeded twenty percent(20%) of the total <br /> contract value,the City will pay 2% of the final contract value up to a maximum of$50,000 as a <br /> bonus. <br /> PRESENTED and ADOPTED this 1St day of July 2024. <br /> ' Julie Moore Wolfe, Ma o <br /> ATTEST: <br /> Kim L. Althoff, City Clerk <br />