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4.10. SR 04-06-2015City of Elk River Request for Action To Item Number Mayor and City Council 4.10 Agenda Section Meeting Date Prepared by Consent Aril 6, 2015 Justin Femrite, P.E., City Engineer Item Description Reviewed by Award Contract for 2015 Seal Coat Improvements Cal Portner, City Administrator Reviewed by Action Requested Approve, by motion, the contract award of the 2015 Seal Coat Project to Caldwell Asphalt Company, Inc. in the amount of $228,891.76. Background /Discussion As authorized at the March 16, 2015, meeting, staff advertised the 2015 Seal Coat Improvements project. Construction bids were received on Tuesday, March 31, 2015. The 3 bids received are summarized below: Caldwell Asphalt Co. Inc. $228,891.76 Pearson Bros., Inc. $231,724.64 Allied Blacktop Company $247,270.96 Staff recommends awarding the project to Caldwell Asphalt Company, Inc. who was the lowest responsible bidder Financial Impact The budget for 2015 preventative maintenance is $365,199. Deducting the $228,891.76 for the seal coating contract and $60,000 in purchased rock from the budget leaves a balance of approximately $76,000. This amount will be reprioritized into additional milling and patching throughout the system. Attachments ■ None P a w E A E U s r NaA f RE]