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Page 2 <br /> Most of the bids received were well under the Engineer's Estimate for this project. A review of <br /> the line items indicates that the cost to install the masonry wall was significantly over estimated. <br /> The City's estimate was based on past work of a similar nature, however, some differences in the <br /> specific conditions made this specific item difficult to estimate with more exactness. <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 /> Kris Quandt, Civil Engineer I, at 424-2747 <br /> BUDGET/TIME IMPLICATIONS: <br /> Funding for this project is currently budgeted in the City's Capital Improvement Fund. The <br /> recommended low bid amount is $16,429.00. The project is scheduled to begin September 2001 <br /> and should be completed within 1 month. <br /> attach: 3 <br /> cc: John Smith, Assistant City Manager of Public Services <br />