OPEN SESSION APRIL 10, 2025 PAGE THREE OF FOUR APPROVAL – CONTRACT NO. MT-00211391 – HVAC AND ATC MAINTENANCE AND REPAIRS – MDTA WPL BRIDGE FACILITY Mr. Carroll Hicks requested a recommendation of approval from the Finance and Administration Committee to present Contract No. MT-00211391, HVAC and ATC Maintenance and Repair – MDTA WPL Facilities, to the full Maryland Transportation Authority (MDTA) Board at its next scheduled meeting. This contract is for the provision of HVAC, ATC and Water Treatment Services for the MDTA’s ICC Facilities. This includes all labor, materials, supplies, equipment, supervision, services and related incidentals for HVAC, ATC Maintenance and Repairs and Water Treatment Services. A total of two bids were submitted. The apparent lowest bidder/awardee was Denver-Elek, Inc. The total cost of the contract is $1,111,523.00, with a base three-year contract and one, two-year renewal option. Mr. Carroll indicated that after preparing the materials, the MDTA received a bid protest. Mr. Jeffrey P. Davis advised the Committee that the meeting materials would be updated following the meeting to note the bid protest. Member von Paris called for a motion to recommend approval of this item to the full MDTA Board at the next scheduled meeting, pending the outcome of the bid protest. Member Penny-Ardinger made the motion and Member Carroll seconded the motion, which was unanimously approved. APPROVAL – MDTA BOARD RESOLUTION 25-01, MUNICIPAL FINANCING Mr. Yaw Berkoh and Mr. Allen Garman requested a recommendation of approval from the Finance and Administration Committee to present the MDTA Board Resolution 25-01, Municipal Finance, to the full Maryland Transportation Authority (MDTA) Board at its next scheduled meeting. The Municipal Financing Resolution authorizes the issuance of $600 million of bonds to finance capital projects for an approximately one-year period through fiscal 2026. The financing is expected before December 31, 2025, and will be sized to account for the capital program, net operating revenues, bond premium, debt service reserve funding, and costs of issuance. Member von Paris called for a motion to recommend approval of this item to the full MDTA Board at the next scheduled meeting. Member Rosen made the motion and Member Carroll seconded
the motion, which was unanimously approved. UPDATE – MDTA STRATEGIC PLAN
Ms. Sarah Clifford updated the Finance and Administration Committee on the MDTA Strategic Plan. Ms. Clifford advised the committee on the current activities to support the Strategic Plan goals and future initiatives.
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