Cathedral City
City Council
Agenda Item C
C. Contract with Petrochem Materials Innovation, LLC for Fiscal Year 2023-\n24 Rubberized Emulsion Aggregate Slurry (REAS) Projects\nRecommendation: To approve a contract with Petrochem Materials Innovation,\nLLC. for $1,114,598.46 to supply and apply Rubber\nEmulsion Aggregate Slurry (REAS) on Panorama\nNeighborhood streets (C08681), Sunny Lane Neighborhood\nstreets (C08682), and Victoria Drive Neighborhood streets\n(C08683), including traffic control, crack seal and striping\nCathedral City Page 3\nreplacement; and, approve a fifteen percent (15%)\ncontingency in the amount of $167,189.54 for unforeseeable\nconstruction costs, making the total encumbrance\n$1,281,788.00; and, authorize the City Manager to execute\nthe required contract documents; and, authorize the City\nEngineer to request bonds and insurance for the project, and\nissue the notice to proceed.