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Discussion: <br />Bid Result Summary <br />Bids for the 2008 Street Maintenance Project were received at 10:00 A.M. on <br />Tuesday, June 17, 2008. Please note that the bid date had originally been <br />scheduled for 10:00 A.M. on Thursday, June 12, 2008. However, alterations to <br />the publication schedule for the Construction Bulletin trade publication due to the <br />Memorial Day holiday caused the bid date to be delayed until June 17, 2008 to <br />meet the 21-day advertising requirement. <br />Two bids were received on the project. The bids have been tabulated, and a <br />copy of the bid tabulation and cover letter detailing the results of the bids is <br />attached to this Staff Report for reference. A summary of the bid results is <br />shown in the following table: <br />2008 Street Maintenance Project <br />Bid Results <br />Bidder Base Bid <br />Allied Blacktop Company $266,270.00 <br />Pearson Bros. Inc.$284,162.00 <br />Engineer’s Estimate – May 8, 2008 $217,825.50 <br />Difference b/t Low Bid & Engr. Est.$48,444.50 22.24% <br />Bid Review / Analysis <br />From the above table it can be seen that the bid costs were significantly higher <br />than the Engineer’s Estimate prepared on May 8, 2008. However, some of the <br />specific construction items for which a higher price was bid are applicable only to <br />the Spring Lake Park portion of the work, and will not be used in Mounds View. <br />Therefore the relative difference between the low bid and the Engineer’s <br />Estimate is not the same for each City. A breakdown of the low bid into the <br />anticipated construction activity for each City is shown in the following table: <br />2008 Street Maintenance Project <br />Breakdown of Low Bid by City <br />City Engineer’s <br />Estimate Low Bid Difference <br />Mounds View $135,745.75 $159,656.60 $23,910.85 17.6% <br />Spring Lake Park $82,079.75 $106,613.40 $24,533.65 29.9% <br />Total $217,825.50 $266,270.00 $48,444.50 22.24%