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HomeMy WebLinkAboutCOUNCIL COMMUNICATION - RECCEMENED CITY OF WATERLOO Council Communication City Council Meeting:April 4, 2011 Prepared: March 29, 2011 Dept. Head Signature: Eric Thorson, PE., City Engineer # of Attachments: 1 SUBJECT: F.Y. 2011 SIDEWALK REPAIR PROGRAM- ZONE 1 AND TRAIL REPAIRS AWARDING OF CON'I I(ACT MIKE DOLAN CONCRETE&MASONRY, INC. Contract No. 804 Submitted by: W. Wayne Castle, PLS, EI,Associate Engineer Recommended City Council Action: After review of the bids, it is being recommended that the award of the contract be made to MIKE DOLAN CONCRETE&MASONRY, INC., of Waterloo, Iowa, in the amount of $93,396.54. Summary Statement At the City Council meeting on March 28, 2011, bids were opened for the F.Y. 2011 SIDEWALK REPAIR PROGRAM- ZONE 1 AND TRAIL REPAIRS, Contract No. 804, with MIKE DOLAN CONCRETE&MASONRY, INC., of Waterloo, Iowa, as the apparent low bidder. The Contracts and Grants Coordinator has reviewed the items relating to the 2002 Contract Compliance Program requirements and has transmitted his recommendation in the attached letter. Expenditure Required $93,396.54 Source of Funds G.O. Bonds Policy Issue N/A Alternative None Background Information: Cc: Louis Starks, Contracts &Grants Coordinator BID BOND KNOW ALL MEN BY THESE PRESENTS, that we, Mike Dolan Concrete&Masonry.Inc. as Principal, and v Granite Re.Inc. as Surety are held and firmly bound unto the CITY OF WATERLOO , lowra, he elnafter called "OWNER." In the penal sum Five Percent of Amount Bid i Dollars(S5 of Amount Bid ) lawful money of the United states~, f�r the payment of which sum will and truly be made, we bind ourselves, our heirs, executors, a Inistrators, and successors,Jointly and severally, firmly by these presents. The condition ply this biigation is such that whereas the Principal has submitted the accompanying bid dated that_28th4 day of Marcp g 20 11 for . p Protect N6.1�C F Y. 2011 SidewalkRepair ro ram- one aWd Trail-Re airs .NO NOW,THEREFORE, (a)If said Bid shall be rejected, or In the alternate, (b) If said Bid shall be accepted and the Principal shall execute and deliver a contract In the form specified and shall furnish a bond for his faithful performance of sale, contract, and for the payment of all persons performing labor or furnishing materials in cofinectiob therewith, and shall in all other respects perform the agreement created by the acceptanat af saltf Bid, Then this obligation shall be void, otherwise the same shall remain in force an effect; it being expressly understood and agreed that the liability of the Surety for any ad all ims hereunder shall, In no event, exceed the penal amount of this obligation as herein stated. By virtue of statutory authority, the full amount of this bid bond shall be forieited(o the Owner In liquidation of damages sustained in the event that the Principal falls to e�leeute a contract and provide the bond as provided in the specifications or by law. The Surety, for value received, hereby stipulates and agrees that the obligations o aid Surety and its bond shall be in no way Impaired or affected by any extension of theltime thin which the Owner may accept such Bid or execute such contract; and said Surety does hereb waive notice of any such extension. IN WITNESS WHEREOF, the Principal and the Surety, have hereunto set their hand and seals, and such of them as are corporations, have caused their corporate seals to be her o affixed and these presents to be signed by their proper officers this 24th day of March , A.D. 201 1 Mike Dolan Concrete&Masonry.Inc. (Seal) Principally � , x By_7�``�UG> LY ry ._ (Title) _(//, : _%fr,/f,e, Granite Re.Inc. (Seal) "Ts Con ue mith f ` ..�A /24 / / By '� witness Lisa Flipp.Attorney-in-fact Karla K.