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HomeMy WebLinkAbout7.2 AwrdBidApprchSigns83-3 CITY OF DUBLIN AGENDA STATEMENT CITY COUNCIL MEETING DATE: January 9, 1984 SUBJECT Award of Bid - Contract #83-3 Street Name and Approach Signs and Business Area Street Number Signs EXHIBITS ATTACHED : Summary of Bids RECOMMENDATION ~.~1) Award bid to the Chrisp company in the amount of $24,465 2) Authorize Mayor to execute contract on behalf of City 3) Authorize budget transfer in the amount of $2,500 from the Contingent Reserve FINANCIAL STATEMENT: Low bid received - $24,465 Total budgeted for contract - $22,700 ,ESCRIPTION : This project was approved as part of the 1983-84 Capital Improvement Budget. Subsequently the City Council authorized Staff to advertise for bids on this project. The City received two bids (see attached). The lowest bid was received from the Chrisp Company in the amount of $24,465. The total amount approved for this project in the 1983-84 budget was. $25,000, and is broken down as follows: Contract $ 22,700 Engineering & Inspection 2,300 Total $ 25,000 As indicated above, the low bid exceeds the budgeted contract cost by $1,765. It is Staff's recommendation that the City Council authorize a budget transfer in the amount of $2,500 to cover the amount by which the bid exceeded the budget and to provide a small contingent reserve to cover any unanticipated problems encountered in the field. COPIES TO: Cnrisp Company Hawkins Traffic Safety Supply iTE NO. CONTRACT 83 - 3 INSTALLATION OF STREET NAME AND APPROACH SIGNS AND BUSINESS AREA STREET NUMBER SIGNS Breakdown of Bids received 12/12/83 Item Description Engineer Chrisp Est. Company Hawkins Traffic Safety Supply 2. 3. 4. Mobilization Street Name Signs (35) Approach Signs (16) Business Area Street Number Signs (51) Traffic Control $ 1,000. $ 500. 9,625. 10,185. 6,300. 6,048. 5,100. 6,732. 1,000. 1,000. No Breakdown TOTALS $23,025. $24,465. $28,800.