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The average bid of $1,624,661.00 is 1.5% lower than the Engineer's Estimate of <br />$1,650,000.00 for the cost of construction, and the second lowest bid of $1,444,839.00 <br />is 12 % lower than the Engineer's Estimate, and is considered a good and responsive <br />bid. <br /> <br />A complete copy of the agreement is available for review in the City Clerk's Office. <br /> <br />Alternative <br />Do not award the contract to Shaw Pipeline, Inc., reject all bids and rebid the contract. <br /> <br />Fiscal Impacts <br />Funds in the amount of $2,000,000 have been appropriated in the FY 2002-2003 <br />Capital Improvements Program Budget, Watermain Improvement Fund. <br /> <br />Chu Chang ~'"M/ '~ruce Liedstrand Ed Everett '~,~ <br />Senior Civil Engineer Community Development Services Director City Manager <br /> <br />CHU:ss <br />S/library/reporfs//chu/award_2002 WM Replacement <br /> <br /> <br />