Faison Town Board
Lets Water Bids
Contracts for Faison's
$377,400 water improvement
project were let during the
Tuesday night meeting of the
town board.
A $28,000 contract was
awarded to Carolina Well &
Pump Co. of Sanford for the
installation of a new well.
The second contract for
SI74,600 was let to Brown
Steel Co. of Newman, Ga. for
the construction of a 300,000
gallon elevated storage tank.
A third contract for $91,680
was awarded to T.A. Loving
of Goldsboro for improve
ment to the filter plant, a
new wellhouse. and the ele
vated tank foundation. The
final contract of S31.532 was
let to Cumberland Paving of
Fayetteville for distribution
improvements.
The project is being
financed by S230.000 in
general obligation bonds, a
$39,800 Farmers Home Ad
ministration grant, a $90,500
clean water grant, and
$14,100 from the town of
Faison. An additional $3,000
will come from the interest of
the bonds and clean water
grant which the town plans to
put into short-term invest
ments until the funds are
needed to finance the project
as it is completed.
Bids for sections two
through four of the water
improvement project were
rebid in March after the
Faison commissioners found
the February bids too ex
pensive. However, the bid on
section one, or the installa
tion of a new well, was held
over until the April meeting
and approved with bids on
the remaining sections of the
system.
The bid on section four,
the distribution system, in
cluded 4,000 feet of six-inch
line, and the project engi
neer, Finley Boney of
Raleigh, said that the
$10,513 of contingency funds
could be usetlto increase the
distribution system by 2,000
feet. According to Boney,
Cumberland Paving
submitted a bid of SS.10 per
foot to install six-inch water
lines. He added that the town
could not do the job for less.
Other costs in the water
improvement project include
$23,925 for engineering and
inspection fees, $15,150 for
interest during construction,
$2,000 for legal and adminis
trative fees, and $10,513 of
contingency funds. The total
cost of the project is $377,400
which is $7,600 less than the
project cost of $385,000 when
the bond referendum was
passed last August.
The board moved to award
the contracts to the lowest
bidders after final approval
from the FmHA. The board
also instructed Town Ad
ministrator Neil Mallory to
I
prepare $265,000 of general
obligation bonds for sale.
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