HomeMy WebLinkAbout2026-132-03.16.2026.docDocusign Envelope ID: C54ADD03-9D18-4851-B95E-DD707E4C886E
Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street,
Waterloo, IA 50703, (319) 291-4323.
RESOLUTION NO. 2026-132
RESOLUTION APPROVING AWARD OF BID TO OWEN
CONTRACTING, INC. OF CEDAR FALLS, IOWA IN THE
AMOUNT OF $3,360,924.55, APPROVING THE CONTRACT,
BONDS, AND CERTIFICATE OF INSURANCE, IN
CONJUNCTION WITH THE FY 2026 BROADWAY STREET
RECONSTRUCTION PROJECT, CONTRACT NO. 1144, AND
AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE SAID DOCUMENTS.
WHEREAS, the City of Waterloo, Iowa, has duly advertised and solicited bids for the FY
2026 Broadway Street Reconstruction Project, Contract No. 1144; and
WHEREAS, Owen Contracting, Inc., of Cedar Falls, Iowa, has submitted the lowest
responsible bid in the amount of $3,360,924.55, meeting all required specifications for the
project; and
WHEREAS, the City Council has determined that it is in the best interest of the city to
accept the bid from Owen Contracting, Inc., and proceed with the project to complete the FY
2026 Broadway Street Reconstruction Project, Contract No. 1144; and
WHEREAS, the contract, bonds, and certificate of insurance have been reviewed and are
in compliance with the city's requirements and specifications.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
WATERLOO, IOWA,
1. The bid submitted by Owen Contracting, Inc., of Cedar Falls, Iowa, in the amount of
$3,360,924.55 for the FY 2026 Broadway Street Reconstruction Project, Contract No. 1144, is
hereby approved.
2. The contract, bonds, and certificate of insurance in connection with the project are
hereby approved.
3. The Mayor and City Clerk are hereby authorized and directed to execute said
documents on behalf of the City of Waterloo, Iowa.
PASSED AND ADOPTED this 16th day of March 2026.
ATTEST:
Signed by:
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Keleyellchle ACity Clerk
SEAL
Signed by:
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Davi I3oesen, Mayor