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Letting Results <br /> The project scope and specifications were prepared by the Engineering Division. The project was <br /> advertised on June 29, 2016, and bids were opened on July 20, 2016. The results of the letting are <br /> as follows, (bid tabulation attached): <br /> Bidder Base Bid Price Alternate Bid Total Bid Compared to <br /> Price Price Engineer's Est. <br /> Over (Under) <br /> Otto Baum Co., Inc. $344,731.16 $40,803.99 $385,535.15 (14.74%) <br /> Entler Excavating Co., $359,264.82 $37,972.50 $397,237.32 (12.16%) <br /> Inc. <br /> Engineer's Estimate $394,746.60 $57,466.00 $452,212.60 ------ <br /> Seven contractors took out bid packages for the Concrete Street Improvement Project and four <br /> submitted bids. Two of the submitted bids were non-responsive. Otto Baum Company provided the <br /> lowest responsible bid at 14.74% below the engineer's estimate. A major reason the bid came in <br /> low was that concrete related items came in at a lower price compared to last year, and the City <br /> relies on previous year prices and market trends to estimate costs. The alternate bid price is for all <br /> work associated with Forest Avenue in case the bid prices came in high. Since all of the bid prices <br /> came in lower than expected, Forest Avenue will be a part of this project and the total bid price will <br /> be awarded as part of this contract. Otto Baum Company has completed many projects such as this <br /> for the City. <br /> Contractors for City Projects shall comply with City Code Chapter 28, Article 10, "Minority <br /> Participation Goals for Public Works Contracts." <br /> Contractors for City projects shall make a good faith effort to comply with the following minimum <br /> goals: <br /> 1. Ten (10) percent of the total dollar amount of the contract should be performed by Minority <br /> Business Enterprises if subcontracting opportunities are available; and, <br /> 2. Eighteen (18) percent of the total hours worked should be performed by minority workers. <br /> Otto Baum meets the minority business goals and proposes utilizing 24.8% minority subcontractors <br /> surpassing the 10% goal identified in the City Code. <br /> SCHEDULE: <br /> Following approval of the contract by the City Council work on this project shall begin after a <br /> "Notice to Proceed" has been issued from the City. The Concrete Street Improvement project is <br /> scheduled to be complete by October 28, 2016. A final project report will be prepared for Council <br /> at the conclusion of the project. <br /> � 3 � <br />