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C�� I �--2 <br /> Total construction time for the 2003-2004 Slurry Seal Project is thirty (30) calendar <br /> days. <br /> On July 14, 2004, two (2) bids were received for the 2003-2004 Slurry Seal Project and <br /> are summarized below: <br /> Bid <br /> ank Contractor Amount <br /> 1. American As halt Re air & Resurtacin Co., Inc. — Ha ard, CA 311,269.90 <br /> 2. Intermountain Slur Seal, Inc. — Watsonville, CA 25,941.42 <br /> The low bid of $311,269.90 is 1% lower than the Engineer's Estimate of $315,000, and <br /> is considered a good and responsible bid. <br /> Alternatives <br /> Do not approve the contract for the 2003-2004 Slurry Seal Project, which would be <br /> contrary to prior Council action. <br /> Fiscal Impacts <br /> Funds in the amount of $900,000.00 are appropriated in the 2004-2005 Capital <br /> Improvement Program budget as part of the Transportation (Measure "A") Fund. <br /> Excess monies will be used for the upcoming Slurry Seal and Overlay Projects. <br /> , ' <br /> � t ^ <br /> � , l / I <br /> � / _ � '1 <br /> , /i 1 /�!l�..•L i /L �• ' - ( . •�,�,. , <br /> M. Saber Sarwary �, Jo� Patterso �� G �%� <br /> '� , � , Ed Evere�tJ <br /> Senior Civil Engineer `� �ommunity Development Senrices Director City Manager <br /> �; <br /> Attachment: Summary of Streets <br /> MSS:ss <br /> S/mydoclibrary/reports✓Award03-04 slurry seal <br /> Page 2 of 2 <br />