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<br /> <br />City of Elk River <br />REQUEST FOR COUNCIL ACTION <br />Agenda Section Meeting Date <br />Administration October 16, 2006 <br />Item Description <br />Libra Pro'ect Bid Results/ Authorization to Award <br /> <br />Item Number <br />7.1.B. <br /> <br />Prepared by <br />Bill Maertz, Parks and Recreation Director <br />Reviewed by <br />Lori ohnson, Ci Administrator <br /> <br />Introduction <br />The bid results for the Library project came in higher than estimated (see below). The low bidder was <br />Merrimac Construction Company, 18651 Buchanan Street NW, East Bethel, MN. <br /> <br />Merrimac Construction Company previous projects include: <br /> <br />. <br /> <br />Minneapolis. Convention Center Expansion <br />New Brighton Public Safety Building <br />Timberwolves Practice Facility <br />Lakeville Police Station <br />University of Minnesota Williamson Hall Addition <br />International Airport: Lindberg Terminal Expansion <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />Discussion <br />I<I<E Architects has adjusted the overall project budget to reduce the construction budget deficit. This <br />puts the construction budget within 100/0 of the budgeted amount without compromising the quality and <br />efficiency of the building. There are options to further reduce this 100/0 however these options would <br />begin to lessen the overall quality and feel of the project. I<KE Architects will be present on October 16 <br />to expand on these options if the City Council wishes to go in that direction. <br /> <br />I<I<E Architects believe that with 15 bids the City of Elk River has received a very competitive bid. <br /> <br />Financial Impact <br /> <br />Construction budgeted <br />The low bid was <br />Differen tial <br /> <br />$3,367,444 <br />$3.937.155 <br />$ 569,711 <br /> <br />Proposed changes to budget <br />Reduce contingency to 60/0 <br />Reduce FFE budget <br />Accept ECONAR donation <br />New Differential <br /> <br />$104,000 <br />$78,000 <br /> <br />$50.000* *(subject to Library Board review and Council approval) <br />$337,711 <br /> <br />$337,711 is 100/0 over original construction budget. <br /> <br />C:\Documents and Settings\tallard\Local Settings \ Temporary Internet Files\OLKF\Memo 7 B 2 Library (3).doc <br />