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<br />TJ:~ -~ ~ <br /> <br />The average bid of $118,897.00 is 6.6% above the Engineer's Estimate of $111,020 for <br />the cost of construction, and the low bid $80,629.00 is 27.3% lower than the Engineer's <br />Estimate and is considered a good and responsive bid. <br /> <br />A complete copy of the agreement is available for review in the City Clerk's Office. <br /> <br />Fiscal Impacts <br />Funds in the amount of $150,000 are appropriated for this project in the 2000-2001 <br />Capital Improvement Program budget for Street Light Improvements. <br /> <br /> <br />\àJ ~) <br /> <br />Chu Chang v <br />Senior Civil Engineer <br /> <br /> <br />a -d. gJ þø <br /> <br />Ed Everett <br />City Manager <br /> <br />JP/CC:ss <br />S/library/reportsllynch/Award_2000-2001 Street Light Improvement Project <br /> <br />-3- <br /> <br />..".,. "."""~-"-~"-r"""" <br />