TO: Public Assets Committee
FROM: Dustin Anderson, Director Of Economic Development
SUBJECT:
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Award of Contract for the Route 66 Broadway St Greenway Improvement Project to PT Fero Construction Co in the Amount of $63,063.00
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BACKGROUND:
The City received funds from the Heritage Corridor Grant and Community development Block Grant (CDBG) to improve elements of the Route 66 Greenway sidewalk and parking area. The improvements will consist of sidewalk improvements adjacent to the Rich and Creamy, seating areas, and parking stall.
CONCLUSION:
On August 19, at 10:00 A.M., four (4) sealed bids were received for the Route 66 Broadway St Greenway Improvement Project. The bid summary is as follows:
CONTRACTOR BID AMOUNT
PT Ferro Construction Co. $63,063.00
Austin Tyler Construction, Inc. $87,490.00
Davis Concrete $87,288.00
Gallagher Asphalt Corp. $82,005.00
Engineer’s Estimate $100,000.00
The low bid by PT Ferro Construction Co. in the amount of $63,063.00, is 36.9% below the engineer’s estimate. Sufficient funds exist utilizing the Rebuild IL Funds (Org 21020250, Object 557400, $63,063.00).
RECOMMENDATION:
recommendation
Based on the above, it is advised that the Public Assets committee recommend the Mayor and City Council award the Route 66 Broadway Greenway Improvements Project to PT Ferro Construction Co. in the amount of $63,063.00.
Bullet Points (GST):
• Improve ADA access around Rich and Creamy and improve seating areas.
• Four bids were received for construction. P.T. Ferro was the low bidder.
• The project will be funded using CDBG funds
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