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Alternative #2 — Motion of other. <br />Funding Source: <br />Funding for this improvement is proposed to come from Tax Increment Fund #1 and Storm Water Utility Funds. <br />On March 3, 2026, a total of nine (9) bids were received, opened, and tabulated, and the following bids were <br />found to comply with the advertisement for bids. <br />Contractor Total Bid <br />North Valley, Inc. $792,282.86 <br />Knife River Corporation — North Central $826,337.15 <br />Omann Brothers Paving, Inc. $865,221.89 <br />Park Construction Company $882,159.00 <br />GMH Asphalt Corporation $922,005.86 <br />Douglas -Kerr Underground, LLC $928,652.75 <br />Asphalt Surface Technologies Corp. $971,032.08 <br />Northwest $1,039,133.00 <br />New Look Contracting, Inc. $1,075,789.25 <br />Engineer's Estimate S1, 051, 312.50 <br />The bid of North Valley, Inc. of Nowthen, Minnesota, in the amount of $792,828.86 for the total bid of said <br />improvements in accordance with the approved plans and specifications and advertisement for bids, is the lowest <br />responsible bidder. Adding indirect costs in the amount of 23-percent brings the total project costs to $974,507.92. <br />The bid is 25-percent less than the engineer's estimate, primarily due to lower than anticipated excavation, <br />earthwork, and concrete costs. <br />Funding Source Breakdown: <br />Funding Source <br />Tax Increment Fund #1 <br />Storm Sewer Utility <br />Project Total <br />Construction Costs <br />$776,541.45 <br />$15,741.41 <br />$792,282.86 <br />Indirect Costs <br />$178,604.53 <br />$3,620.53 <br />S182,225. 06 <br />Total Cost <br />$955,145.98 <br />1$19,361.94 <br />$974,507.92 <br />Bolton & Menk has submitted a proposal for construction staking and as -built survey of said improvements for <br />the total not -to -exceed amount of $43,110.00. Construction staking is included in the indirect costs, and is <br />proposed to be paid for by TIF #1 and Storm Sewer Utility funds. <br />The CIP level estimate had a total estimated project cost of $1,168,308, which includes street costs of $1,015,920 <br />and storm sewer costs of $152,388. The final project costs may change depending upon bid prices and actual <br />construction quantities. <br />City staff proposes to administer and inspect construction. Plans and specifications were prepared in-house as part <br />of staff's normal duties. <br />Recommendation: <br />On January 20, 2026, the Ramsey Public Works Committee reviewed and recommended approval of the final <br />plans. Additionally, the committee recommended placing temporary parking signs during concrete curb and gutter <br />installation to assist residents in knowing where to park, versus providing written direction in letters to park on the <br />north, south, east or west side of a street as some people may not know these directions. Public Works staff is in <br />the process of making said signs for use during construction to better assist residents. <br />