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BID SUMl��IARY �', <br /> INVITATION FOR BIDS <br /> - MASS TRANSIT TIRE LEASE - <br /> CITY OF DECATUR, ILLINOIS <br />' BIDDING DEADLINE: Bids were received unti14:00 P.M., on Wednesday, June 1, 2004. <br /> From the "INVITATION FOR BIDS": <br />' 6.2 LOWEST BIDDER - The lowest bidder shall be determined using a scoring system based <br /> on the weighted evaluation formula, shown below. This weighting system is based on the <br /> estimated total miles expected to be driven for each tire size. (This estimate is based on <br /> the number of miles driven,per tire,by tire size, from April, 2003, through March, 2004.) <br /> The weighting system for scoring the bids is as follows: <br /> 2003-2004 <br /> TIRE SIZE: TIRE MILES: WEIGHT: <br /> 1. 9R22.5.....:............................... 242,328 ............................ 4% <br /> 2. 12R22.5................................... 2,068,722 ............................ 33% <br /> 3. 275/70R22.5............................ 3,991,590 ............................. 63% <br /> TOTAL......................................... 6,302,640 ............................ 100% <br /> The bid rate for each tire size, as shown on the submitted bid, shall be multiplied by the <br /> appropriate weight, shown above, to obtain a score for each tire size. The sum of the <br /> scores for the three tire sizes shall be the total score. The total score for each year of the <br /> lease will be calculated separately, and the total scores for each year will be added <br /> together to calculate the bidder's five-year score. The lowest bidder shall be determined <br /> to be the bidder with the lowest five-year score. <br /> 1 <br />