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Memorandum <br />January 12, 2022 <br />Page 2 <br />to predict future trends with the construction market, waiting to rebid allows time for supply chain and <br />pandemic issues possibly work themselves out and influence costs to a lesser degree. <br />It is also recommended to evaluate the economics of utilizing ductile iron pipe (DIP) as material alternate <br />for areas of the project associated with open cut installation of the water main along with the feasibility of <br />increasing the amount of open cut pipe installation to evaluate any additional cost savings. <br />Also note, DIP pipe has a current lead time of approximately 30 weeks. If it is determined DIP pipe will be <br />included in the rebid, lead times will need to be evaluated at that time to allow a bid opening date to be <br />set that allows for timely delivery of pipe materials. <br />ces <br />c: file <br />x:\pt\r\ramsy\159783\6-bid-const\elevated bid costs memo.docx <br />