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Council approves low bid for Moosepac PFAS treatment facility, contingent on I-Bank funding
Summary
Council authorized awarding the $3,040,000 construction contract for PFAS treatment at the Moosepac Water Treatment Facility to DeMaio Electrical Company, Inc., contingent on New Jersey Infrastructure Bank loan approval (Project No. 1414003-001).
The Township’s consulting engineer reviewed seven bids and recommended DeMaio Electrical Company, Inc. as the lowest responsive bidder for construction of a PFAS treatment facility at the Moosepac Water Treatment Facility. Council authorized award of the contract in the amount of $3,040,000, subject to final approvals and funding by the New Jersey Infrastructure Bank (I-Bank) under Project No. 1414003-001.
Council documents specify the bid total as three million, forty thousand dollars and note the Township intends to fund the project through an I-Bank loan package. A Chief Financial Officer certification of available funds via the I-Bank loan funding agreement was filed in support of the resolution; final authorization remains contingent on the I-Bank approvals recorded in the resolution language.
