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. � <br /> Page 2 <br /> The original contract was awarded to Willoughby Excavating, Inc., in February, 2002, at the low <br /> bid amount of $24,994.40. It is likely that the added work will double the project size. The <br /> original bid provided by Willoughby was approximately 13%below the second low contractor. <br /> It is possible to end the project with one of the two work sites completed and rebid the project, <br /> however, it is not likely that more favorable unit prices will be provided with such a gap in the <br /> original bids received. Additionally, a rebid of the proj ect will add nearly two months to the <br /> completion time of the project. <br /> POTENTIAL OBJECTION: There are no known objections to this resolution. <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: I� <br /> Funding for this project is currently budgeted in the City's General Capital Improvements Fund. <br /> The recommended expenditure limit for this project is $50,000. <br /> The project is currently underway with a scheduled completion in late July or early August, <br /> weather permitting. <br /> attach: 2 <br /> cc: John Smith, Assistant City Manager of Public Services <br /> Willoughby Excavating, Inc. <br />