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The bid of Corrective Asphalt Materials, LLC of South Roxana, Illinois, in the amount of $233,191.32 for the <br />total bid for construction of said improvements in accordance with the approved plans and specifications and <br />advertisement for bids, is the lowest responsible bidder. Adding indirect costs in the amount of 5-percent brings <br />the total project costs to $244,850.89. <br />Per the final plans and specifications, estimated construction costs were $237,318.60. After adding 5-percent for <br />indirect cost (administrative, engineering, finance and legal costs), estimated project costs totaled $249,184.53. <br />The low bid is 2-percent lower than the engineer's estimate. <br />The City budgeted $600,000 in 2025 for contracted street maintenance services including; crack sealing, <br />pavement rejuvenation, and refreshing pavement markings. <br />The preliminary estimated costs for pavement maintenance improvements is: <br />. IP 25-09 Crack Seal $162,489.96 (per bid) <br />. IP 25-10 Pavement Rejuvenation $244,850.89 (per bid) <br />. IP 25-11 MSA Pavement Markings $19,380 (estimated) <br />• Total Pavement Maintenance Costs $426, 720.85 <br />o Staff recommends remaining budgeted funds be guided for pavement patching services as needed. <br />City Staff proposes to administer and inspect construction in-house, as part of their normal duties. <br />Recommendation: <br />Staff recommends adopting Resolution #25-055 accepting bids and awarding contract for 2025 Pavement <br />Rejuvenation Improvements, Improvement Project #25-10. <br />Outcome/Action: <br />Motion to adopt Resolution #25-055 accepting bids and awarding contract for 2025 Pavement Rejuvenation <br />Improvements, Improvement Proj ect #25-10. <br />Attachments <br />Res 25-055 <br />25-10 Final Plans <br />25-10 Street Summary <br />Form Review <br />Inbox Reviewed By Date <br />Bruce Westby Bruce Westby 03/06/2025 12:45 PM <br />Brian Hagen Brian Hagen 03/06/2025 02:02 PM <br />Form Started By: Joe Feriancek Started On: 03/03/2025 06:46 AM <br />Final Approval Date: 03/06/2025 <br />