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A complete bid summary is as follows: <br />Bidder's Name <br />Base Bid <br />AIternate#1 <br />Totall:Base/Allt <br />DNR Construction Inc. <br />$226,900.00 <br />$5,000.00 <br />$231,900.00 <br />RAK Construction Inc. <br />$239,681.00 <br />$4,000.00 <br />$243,681,00 <br />Maertens-Brenny Const. <br />$239,700.00 <br />$4,500,00 <br />$244,200.00 <br />Cobra Construction Inc. <br />$244,500.00 <br />$6,980.00 <br />$251,480.00 <br />Construction Results Corp. <br />$246,700.00 <br />$4,800.00 <br />$251,500.00 <br />Gen -Con Construction <br />$247,500.00 <br />$5,500.00 <br />$253,900.00 <br />Jansen Builders Inc. <br />$249,900,00 <br />$4,450.00 <br />$254,350.00 <br />Ebert Construction <br />$256,000.00 <br />$4,100,00 <br />$260,100.00 <br />Lund martin Construction <br />$255,000.00 <br />$8,000.00 <br />$263,000.00 <br />Meisinger Construction <br />$268,700.00 <br />$6,000.00 <br />$274,700.00 <br />Parkos Construction Inc. <br />$273,400.00 <br />$7,800,00 <br />$281,200.00 <br />Pleasant View Homes Inc. <br />$282,000.00 <br />$10,350,00 <br />$292,350.00 <br />Gladstone Construction <br />$291,560.00 <br />$7,500.00 <br />$299,060.00 <br />A summary of the bids, including a bid tabulation, was submitted by TKDA (See <br />attachment). <br />As a note: in July of 2005, the low bid received was $289,700 for the base bid, <br />$7,000 for the alternate, with a total bid of $296,700.00. <br />TKDA Construction Services — Should the City Council wish to proceed with <br />this project, it is recommended that the City utilize the construction services of <br />TKDA to oversee the project and ensure that the contractor adheres to the plans <br />and specifications. TKDA has submitted a letter of agreement in the amount of <br />$14,000.00 to provide these services. <br />Project Cost Discussions - As per resolution 6558 sixty-five percent (65%) of <br />the total project cost shall be financed utilizing Park Dedication Funds (Account <br />No. 285-4470-3030), and the remaining 35% shall be derived from the Special <br />Project Funds (Account No. 280-4180-7050). <br />The following is the current total project cost summary: <br />TKDA Plan Preparation $19,600 <br />Construction $226,900 <br />AC — bid alt. $5,000 <br />TKDA construction services $14.000 <br />TOTAL ESTIMATED COST $265,500 <br />$172,575 - 65% financed by Park Dedication Fund <br />$92,925 - 35% financed by Special Project Fund <br />