TO: Mayor and City Council
FROM: James V. Capparelli, City Manager
SUBJECT:
title
Award of Contract for the 2022 Roadway Arterial Resurfacing Contract - MFT Sect. No. 22-00552-00-RS to P.T. Ferro Construction Co. in the amount of $2,340,535.07
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BACKGROUND:
The 2022 Arterial Roadway Resurfacing Contract includes work on various streets throughout the City and is funded by Motor Fuel Tax Funds. The Public Service Committee reviewed this memo at the July 18, 2022, meeting and recommended for approval by Full Council.
CONCLUSION:
On July 12, 2022, at 10:00 A.M., four (4) sealed bids were received for the 2022 Arterial Roadway Resurfacing Contract. The bid summary is as follows:
CONTRACTOR BID AMOUNT
P.T Ferro Construction Co. $2,340,535.07
Austin Tyler Construction Inc. $2,385,941.28
Gallagher Asphalt and Materials $2,648,079.28
D Construction Inc. $2,707,683.92
Engineer’s Estimate (Corrected) $2,714,349.00
The low bid by P.T. Ferro Construction Co., in the amount of $2,340,535.07, is 13.77% below the engineer’s estimate. (The Engineer’s Estimate as read at the bid opening has been corrected.) Sufficient funds exist utilizing the Motor Fuel Tax Funds / Infrastructure (Org 20090270, Object: 557200, $2,340,535.07).
RECOMMENDATION:
recommendation
Based on the above, it is recommended that the Mayor and City Council award the 2022 Arterial Roadway Resurfacing Contract, in the amount of $2,340,535.07, on behalf of P.T. Ferro Construction Co.
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