Background/Discussion
The City Council approved $250,000 in the FY 24 CIP and $150,000 in the FY 25 CIP for a total funding amount of $400,000. The base bid for the project included the two parking lots in Big Lake Park and an alternate bid for the parking lot in Valley View Park. The remaining amount of funding for the project is $338,100.
The bid for the project closed on March 13 and the City received four bids:
Henninsen Construction - $194,571.93
Oldcastle Materials Midwest Co. dba Omni Engineering - $223,551.75
C&H Construction - $309,168.00
Western Engineering Co., Inc. - $313,874.60
The contract is awarded to the apparent low bidder for the base bid. Henningsen's alternate bid is $96,895.52, which is the second lowest alternate bid. Henningsen had the overall apparent low bid with a total amount of $291,557.45.
The overall construction cost of $291,557.45 is less than the remaining amount of $338,100 available for construction.