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. r ` . <br /> Page 2 <br /> Compared to <br /> Engineer's Est. <br /> Bidder Bid Price Over ;Under� <br /> Engineer's Estimate $1,480,420.00 ----- <br /> Dunn Company $1,432,433.70 (- 3.24%) <br /> Illinois Valley Paving $1,639,893.35 10.77% <br /> Following the approval of the Mayor and City Council, the bid tabulation will be forwarded to <br /> the Illinois Department of Transportation for final approval in accordance with the rules <br /> governing the disbursement of Motor Fuel Tax funds. <br /> POTENTIAL OBJECTION: There are no known objections to this resolution <br /> and bid award. <br /> INPUT FROM OTHER SOURCES: None <br /> STAFF REFERENCE: Matt Newell, City Engineer, at 424-2747 <br /> The Director of Engineering and Infrastructure, Steve Swanson, will be in attendance at the City <br /> Council meeting to answer any questions of the Council on this item. <br /> BUDGET/TIME IMPLICATIONS: <br /> Funding for this project is currently budgeted in the City's Motor Fuel Tax Fund. The <br /> recommended low bid amount is $1,432,433.70. <br /> The project is scheduled to begin May, 2003, and should be completed by October, 2003. <br /> attach: 3 <br /> cc: John Smith, Assistant City Manager of Public Services <br /> Dunn Company <br /> Illinois Valley Paving <br />