Proceedings of the Board of Regents (1936-1939)

JANUARY MEETING, 1939 821
WHEREAS, The base bid of the Rohn Electric Co., for electrical work, is the
lowest bid submitted by any responsible bidder;
Base Bid
General work- Spence Bros......................................$ 98,200
Heating and plumbing work-Drake-Avery Co....................... 29,819
Electrical work-Rohn Electric Co................................. 10,750
Preliminary expense...................................... 500
Land, rights-of-way.......................................... xx
Contracts previously awarded................................... 37,534
Equipment................................................. 8,000
Available for contingencies................................. 1,697
Engineering, architectural................................. 13,000
Legal, administration, and other costs......................... 500
Interest during construction..................................... xx
Miscellaneous costs............................................ xx
$200,000
Funds available-Government grant..................$ 90,000
Applicant's funds................................... 110,000
And WHEREAS, The Architect and the University Building Committee have
recommended that the contract for general work in the amount of $98,200 be
awarded to Spence Bros.
And WHEREAS, The Architect and the University Building Committee have
recommended that the contract for heating and plumbing work in the amount of
$29,819 be awarded to Drake-Avery Co.
And WHEREAS, The Architect and the University Building Committee have
recommended that the contract for electrical work in the amount of $10,750 be
awarded to the Rohn Electric Co.
Now, therefore, Be it Resolved, By The Regents of the University of Michigan,
That the contract for general work in the amount of $98,200 be awarded
to Spence Bros.
That the contract for heating and plumbing in the amount of $29,819 be
awarded to Drake-Avery Co.
That the contract for electrical work in the amount of $10,750 be awarded
to the Rohn Electric Co.
That these awards shall not be effective until the awardees have been notified
in writing by the Vice-President and Secretary of The Regents of the University
of Michigan of the award of the pertinent contract.
The following resolution was adopted (p. 811):
Docket No. Mich. 1695-F
WHEREAS, The Regents of the University of Michigan entered into a Trust
Agreement with Ann Arbor Trust Company, which Agreement is dated as of the
fifteenth day of October, A.D. 1938, in which, among other things, The Regents
agreed that barring strikes, fire, cyclone, or other act of God, it would cause to
be completed "on or before the 30th day of September, 1939, a strictly modern
dormitory for housing female students attending the University of Michigan, which
shall be adequate in size to house approximately three hundred fifty (350) students," etc.; and
WHEREAS, It appears that because of the limited time prescribed in said
Agreement for the completion of said dormitory, contractors who shall bid on the
same will advance the bid price at least a sufficient sum to guarantee themselves
against loss should they be unable to complete the dormitory on time and be
required to pay damages for such nonperformance; and
WHEREAS, Under the terms of said Trust Agreement, said Ann Arbor Trust
Company has authority to extend the time for completing said dormitory upon
reasonable cause being shown; and
WHEREAS, It appears that even if said girls' dormitory is not placed in operation until the beginning of the second semester of the 1939-1940 scholastic year
of the University of Michigan instead of the first semester of said scholastic year
as originally anticipated, its net earnings, together with the net earnings of the
men's dormitory to be constructed in the manner contemplated by said Trust
Agreement, will be sufficient to meet all payments to be made to the Trustee as
provided for in said Agreement;