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DISCUSSION <br /> Bids <br /> Sealed bids for this project were opened on May 17, 2011. There were four bids <br /> received, ranging from the low bid amount of $2,086,480.70 to $2,276,276.00 as <br /> compared to the engineer's estimate of $2,239,000 for the project (see attached Bid <br /> Summary). <br /> The low bid of $2,086,480.70 was received from O'Grady Paving, Inc. of Mountain <br /> View, California. Past work performed by O'Grady Paving, Inc. was verified to be <br /> satisfactory. Therefore, staff recommends award of the construction contract to the <br /> lowest responsible bidder, O'Grady Paving, Inc. <br /> Budget <br /> Based on previous similar projects, staff is requesting a 15% project contingency in the <br /> amount of $312,972. Typical pavement change order work relates to isolated soil <br /> conditions that require its removal and replacement. Unsuitable soils are not known <br /> until such time as the pavement is removed during local base repair and the soil <br /> condition is exposed in the field, requiring either remedial treatment or removal <br /> Therefore, it is requested that an additional 5% over the usual 10% contingency amount <br /> be authorized for this project (see Attachment 2 for a funding and estimated expenditure <br /> summary). <br /> Schedule <br /> The proposed schedule for the subject project is as follows: <br /> Approval of Plans & Specifications and Award of Contract: 06/07/11 <br /> Start of Construction: 07/11/11 <br /> End of Construction: 09/09/11 <br /> Submitt d by: Fiscal Review: Approve by: <br /> fip---1 7 iir tnt.rAlgre---/ <br /> Brian Dolan Emily Wagner Nelson Fialho <br /> Director of Director of Finance City Manager <br /> Community Development <br /> Attachments: <br /> 1. Bid Summary <br /> 2. Funding and Expenditure Summary <br /> Page 4 of 4 <br />