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4.1. SR 04-07-1997
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4.1. SR 04-07-1997
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4/7/1997
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the bids if it is in the best interest of the project. We believe this is the case <br />with the MSC Concrete, Inc., bid. The second low bid from M.C. Magney <br />Construction, Inc., was about 10 percent higher than the bid from MSC <br />Concrete, Inc. This is a 10 percent difference after additional expenses have <br />been added to the MSC Concrete, Inc., bid for insulation work. <br /> <br />The bonds for this project will be adjusted down to reflect the fact that the <br />bids are lower than the January estimate. Please note that the bonds are not <br />sold yet. This should not be a problem, but there is always some risk when <br />you award a project before the bonds are sold as it is possible (but not very <br />likely) that no one would buy our bonds for this project. <br /> <br />It is recommended that the City Council approve the bid packages as outlined <br />in the attachment from Greystone Construction with the exception of bid <br />package #7 which is recommended to be rebid. The project will start within <br />the next few weeks and is scheduled to be completed in October. <br /> <br />Recommended Action <br /> <br />It is recommended that the City Council approve a motion awarding the <br />fifteen bid packages and adjustments as outlined in the Greystone <br />Construction Company's 4/3/97 report. <br /> <br />\council\liqbids.doc <br /> <br /> <br />
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