Title
Action on Resolution 20-022, a Resolution Awarding Bids on 2020-07STI, Freight On Board Asphalt Material.
Body
Summary:
The City held a bid letting on Tuesday, February 25, 2020 for the 2020-07STI, Freight On Board Asphalt Material. Bowes Construction, Inc. submitted a bid of $76,134.00, which is approximately 12% lower than the Engineer’s Estimate of $87,080.00. The decrease is due to oil prices being lower than anticipated this year.
This project consists of asphalt material the Street Department staff picks up at the asphalt plant and is used for patching City streets. The budget for the asphalt material is $70,000.00. Since the asphalt material is paid for by the ton of mix, City staff will adjust how much material they pick up to stay within the budgeted amount.
This resolution will award bids for 2020-07STI, Freight On Board Asphalt Material to Bowes Construction, Inc. for the low bid of $76,134.00.
Recommendation
Recommendation:
Staff recommends approval of the resolution as presented.
Body2
Attachments:
Memo
Resolution