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HomeMy WebLinkAboutMEMO TO COUNCIL RESOLUTION 2006-848 CITY r TRAFFIC OPERATIONS & PARKING MAINTENANCE DEPT. • 408 E. Sixth St. • Waterloo, iA 50703 • (319) 291-4440 Fax (319) 291-4094 SANDIE GRECO • Superintendent,Traffic Operations Parking Maintenance ap, s—vC.- �irrl>o September 19, 2006 TIMOTHY J. HURLEY Honorable Mayor Tim Hurley COUNCIL City Council Members MEMBERS City Hall 715 Mulberry St. Waterloo, Iowa 50703 REGINALD A. SCHMITT IVai I RE: AWARD OF CONTRACT Iowa 21 / Orange Road Traffic Safety Improvements C AROLYIy C i)LT. Word 2 Dear Mayor Hurley and Council Members, HAROLD Y This is to recommend awarding the contract to the low bidder, and authorize {,Rr d the Mayor to sign the contract for the above-mentioned work. The project IOHN A. was let by Iowa Department of Transportation on August 15, 2006. The KINC.AID following two bids were received: vvattt ? RON 1- Peterson Contractors Inc. $854,782.38 1h'ELPER 2- Vieth Construction Corp. $936,646.19 tharc, BOB Earth Tech's estimate was $709,497.40. We have reviewed the bid GREEN1vOOL, tabulation and recommend awarding the contract to Peterson Contractors Inc. At-b,nn. The higher bid price is mostly due to a rise in the price of petroleum products, and the consultant's underestimation of asphalt base course price. Late ERIC season letting might have been a factor too. This project is funded in part by GUNDERSON 1,0,Q,. a $255,000 Iowa DOT Traffic Safety Funds Grant, and $420,000 of Federal STP-U funds. The balance will be covered by GO Bond funds. This item will be on the September 25, 2006 Council Agenda. Sincerely, (211 C6A60_171 Sandie Greco Traffic Operations Superintendent WE'RE WORKING FOR YOU! An Equal Opportunity/Affirmative Action Employer