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• � r <br /> Page 2 <br /> The project specifications were prepared by the Engineering Division. The project was <br /> advertised on March 5, 2003 and bids were opened on March 27, 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 $477,397.00 ----- <br /> Insituform Technologies <br /> USA, Inc. $393,649.00 ( 17.54%) <br /> Visu-Sewer Clean <br /> & Seal, Inc. $423,771.00 ( 11.23%) <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 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 currently budgeted in the City's Sewer Fund. The recommended low <br /> bid amount is $393,649.00. <br /> The project is scheduled to begin in April, 2003, and is to be completed on or before September <br /> 1 st. <br /> attach: 2 '� <br /> cc: John Smith, Assistant City Manager of Public Services II <br /> Gary Penrod, Insituform Technologies USA, Inc. <br /> Keith Alexander, Visu-Sewer Clean& Seal, Inc. <br />