The city's Capital Improvement Plan (CIP) contains the Fire Station #1 Parking Lot Concrete Paving Project, which consists of reconstructing the parking lot at Fire Station #1 with a concrete drive lane and bituminous parking stalls (see attached proposed construction plan sheet).

Quotes were solicited and opened February 4, 2021. Four quotes were received and Minnesota Roadways Co., from Shakopee, Minnesota, is the low bidder in the amount of $154,707.78 (see attached quotation tabulation). The engineer's estimate was $154,252.60.  Minnesota Roadways Co. has the capacity and experience for the project and is deemed a responsible bidder. 

The CIP identified a project budget of $125,000.00 for the Fire Station #1 Parking Lot Concrete Paving Project. The total construction cost plus contingency, engineering, administration, and legal costs combine for a total updated project budget of $174,707.78. See the below costs and funding summary table for comparison to the CIP estimate with the updated estimate based on bid award amounts.

While the project is significantly over budget from the CIP estimate, the bids accurately reflect the work scope and costs needed to reconstruct the parking lot.

Project funding is from the Building Internal Service Fund. There is adequate reserve in the Building Internal Service Fund to fund the revised budget amount.