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.a <br /> . , - <br /> Page 2 <br /> The project plans and specifications were prepared by the Engineering Division. The project was <br /> advertised on June 10, 2003 and bids were opened on June 24, 2003. The results of the letting <br /> are as follows (bid tabulation attached): <br /> Compared to <br /> Engineer's Est. <br /> Bidder Bid Price Over ;Under� <br /> Engineer's Estimate $ 653,145.00 ----- <br /> GM Sipes Construction, Inc. $ 623,788.00 (- 4.49%) <br /> Kinney Contractors, Inc. $ 669,625.00 2.52% <br /> POTENTIAL OBJECTION: There are no known objections to this resolution <br /> and bid award. <br /> INPUT FROM OTHER SOURCES: None <br /> STAFF REFERENCE: <br />, Matt Newell, City Engineer, at 424-2747 <br /> The City Engineer, Matt Newell, will be in attendance at the City Council meeting to answer any <br /> questions of the Council on this item. <br /> BUDGET/TIME IMPLICATIONS: <br /> Funding for this project is budgeted in the City's General Capital Improvement Fund. The <br /> recommended low bid amount is $623,788.00. <br /> The project is scheduled to begin July, 2003, and should be completed by October, 2003. <br /> attach: 2 <br /> cc: John Smith, Assistant City Manager of Public Services <br /> Phil Wilhelm, Muncipal Services Manager <br /> GM Sipes Construction, Inc. <br /> Kinney Contractors, Inc. <br />