R2009-65 AUTHORIZING EXECUTION OF A TIRE LEASE AGREEMENT

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. BID SUMMARY INVITATION FOR BIDS - MASS TRANSIT TIRE LEASE - CITY OF DECATUR, ILLINOIS BIDDING DEADLINE: Bids were received unti14:00 P.M., on April 17, 2009. From the "INVITATION FOR BIDS": 9.2 LOWEST BIDDER- The lowest bidder shall be determined using a scoring system based on the weighted evaluation formula shown below. This weighting system is based on the estimated total tire miles expected to be driven for each tire size. TIRE MILES TIRE SIZE: YEAR 1 YEARS 2-5 1. 9R22.5..................................... 300,000 ............ 300,000 2. 275/70R22.5............................ 5,500,000 ........... 5,700,000 3. 12R22.5-0R- 315/80R22.SCTR.................... 200,000 ............. 0 TOTAL......................................... 6,000,000 ........... 6,000,000 The bid rate for each tire size, as shown on the submitted bid, will be multiplied by the tire miles shown above to obtain the cost for each tire size. The sum of the costs for the three tire sizes will be the total cost. The total cost for each year of the lease will be calculated separately, and then added together to calculate the bidder's five-year cost. The lowest bidder will be determined to be the bidder with the lowest five-year cost. Only two bids were received by the bidding deadline: Bid for Tire Lease - BRIDGESTONE BILLING RATE PER TIRE MILE TIRE SIZE YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 9R22.5 $0.006112 $0.006112 $0.006112 $0.006112 $0.006112 275/70R22.5 $0.004272 $0.004380 $0.004595 $0.004825 $0.005066 315/80R22.SCTR $0.005535 N/A N/A N/A N/A Bid for Tire Lease - GOODYEAR ' BILLING RATE PER TIRE MILE I� TIRE SIZE YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 9R22.5 $0.007985 $0.008424 $0.008887 $0.009376 $0.009892 I 275/70R22.5 $0.005080 $0.005359 $0.005654 $0.005965 $0.006293 B305/85R22.5 * $0.005995 N/A N/A N/A N/A *Approved substitute for the 12R22.5 or 315/80R22.SCTR tire sizes. 1