Agenda Packets - 1986/05/19 - Laserfiche WebLink

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MEMO TO: Clerk -Administrator and Citv Council FROM: Director of Public Works/C,mmunity ncvelopment DATE: May Jr,, 1986 SUBJECT: M.S.A. PROJECT 1986 Bids were opened on the subject project on May 14, 1986. Six contractors submitted bids. Attached please find a copy of the bid abstract of the 3 low bidders. The total bid for the 3 low bidders are as follows: Midwest Asphalt $334,162.40 valley Paving 5343,821.75 4 e S Asphalt Company $347,971.75 Midwest Asphalt's Sid is not out of line and very close to the Engineer's Estimate of $337,836.40 dated April 14, 1986 (attached). Also attached is a cost estimate for the subject project dated May 15, 1986. The cost estimate takes Midwest Asphalt's bid and divides it into 2 catagories. The catagory labeled State Aid Project (S.A.P.) 146-234-02 is the Municipal State Aid Project on county Road M-2. The catagory labeled non -participating is the city's 1986 Street Maintenance Project. Midwest Asphalt will construct both projects under one contract. The estimate total cost of the M.S.A. Project is $240,000.00. The budget for this project is $240,000.00. The estimated construction cost of the City's 1986 Street Maintenance Project is $146,6-2.23 (Use $147,000.00). The budget for this project is as follows: Street Maintenance Account 1100-270-4705 $120,000.00 Spring Lake Park Account per Bruce Anderson $ 3,000.00 TOTAL 1986 BUDGET $123,000.00 The M.S.A. portion of the project is within the budget. The City portion of the project is over budget by $24,000.00 ($147,000 minus $123,000). The City will not obtain better prices by rebidding the project. The City may reduce the amount of work to be done or allocate additional funds. Each alternate is discussed below. Alternate tl - Reduce the Amount of Work - Peconstruction of ' Pinewood Court was added to the project at the request of the residents and City Council with the understanding that if the project is overbudget, we would not reconstruct the court. By not reconstructing Pinewood Court we save $2,000.00.