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<br />6.1C <br />Page 2 <br /> <br />The low bid of $271,'00 submitted by Redwood Painting is 10.3% lower than the <br />Engineer's Estimate of $299,000. Based on the bids received, staff believes that the <br />low bid of $271,100 is reasonable and responsive, and recommends awarding the <br />contract to Redwood Painting. <br /> <br />ALTERNATIVES <br />Council may choose not to award the contract which would delay much needed <br />improvements which could result in an extensive repair of the storage tanks in the <br />future. <br /> <br />FISCAL IMPACT <br />Funding in the amount of $350,000 is available from the Fiscal Year 2006.2007 budget, <br />Capital Improvements Projects, Water Fund. <br /> <br />~ <br /> <br />Peter Ingram, Director . <br />Community Development'Services <br /> <br />Chuc~::~1 <br /> <br />Engineering...& Construction <br />.... ') ,J <br />('" 1/ I 11_ <br />~/ I~- <br />€d ev;;Jr. <br />city Manager <br /> <br />~- <br />Jimmy Tan, P.E. <br />Associate Engineer <br /> <br />ATTACHMENTS <br />None <br /> <br />RELATED DOCUMENTS IN CITY CLERK'S OFFICE <br />1. Contract Documents <br />2. Bid Documents <br />