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TO: <br /> <br />FROM: <br /> <br />DATE: <br /> <br />RE: <br /> <br />City Administrator <br /> <br /> Public Works Superintendent <br /> <br /> May 8, 1980 <br /> <br />Sign bids - Installation costs <br /> <br />The following are the bids received for signs to complete our signing <br />in accordance with our sign study: <br /> <br />1) Gopher Sign Company <br />2) Earl F. Anderson & Assoc. <br />3) M & R Sign Company <br /> <br />$4,083.40 <br /> 4,370.90 <br /> 6,907.14 <br /> <br />Under the current state fLunding program the City's share for purchasing <br />and installation is 25%. This breaks down as follows: <br /> <br />Low Bid Gopher Sign <br /> Sign grant at 75% <br /> City share at 25% <br /> <br />$4,083.40 <br /> 3,062.55 <br /> 1,020.85 <br /> <br />Labor to install: <br /> <br />139 signs = 35 crew hours or 105 man hours <br />2 men = 70 hours @ $8.41 = $588.70 <br />1 man = 35 hours ~ $10.14 = $354.90 <br />1 pickup = 35 hours ~ $15.00 = $525.00 <br /> <br />Total $1,468.60 <br />Grant at 75% 1,014.45 <br />City share at 25% $454.15 <br /> <br />With the labor refund, the City cost for th~s project, other than labor, <br />mtoro fuels, etc., will be $6.40 of the rates as used are acceptable. <br /> <br />MM: sb <br /> <br /> <br />