7",
rye

Section 1° General

Items 1.04 a), d) and @)

section 3: Waterworks

tems 3.05, 3.08, 3.09 a) and b)

Section §:; Manholes and Catch Basins

{tems 5.01 b) i), ii) & li)

With the exception of 1.04 a) the approximate quantities for each of these items are very
small, hence the effect of an inflated unit price on the tendered value is also small,
4owever an increase in the approximate quantities will increase the tendered amount
more significantly. As a result construction inspection will have to ensure that quantities
on these items are measured accurately and possible increases in quantities reduced to

a minimum.

7. COMPARISON WITH ESTIMATE

As a percentage of our construction cost estimate the lowest tender was 9,5% less than
the cost estimate and the highest tender 24% higher. The average tender price was -

7,7% higher than our estimate.

We believe that the tenders are cormpetitive and that the lowest tender price may be
accepted with confidence.

8. FINANCIAL INVESTIGATION

We beliave all of the tenderers to be financially sound companies, and have good
reputations in the Lower Mainland.

9. EXPERIENCE, PERSONNEL AND EQUIPMENT

All tenderers are well known in the Lower Mainland and are capable of completing the
work on this project.

Listed supervisory personnel for each of the Contractors have between 15 and 20 years
experience.

All of the Contractors either own equipment suitable for this project or have indicated that
they are able to rent it.

ITEM 1 PAGE