cn ae : ae wt i 4 a wnat stam ecte! it, a scx COUNC CLTY OF PORT COQUITLAM AUG 13 1900 โ€”โ€” TO: B.R. Kirk DATE: August 9, 1990 City Administrator FROM: D.G. Riecken Deputy City Engineer SUBJECT: Award of Contract For Construction of Coast Meridian Road (Pubiie Works Committee August 7, 19990) RECOMMENDATION: (1) That Progressive Contracting be awarded the Contract for the . construction of Coast Meridian from the Lougheed Highway to | Westminster at their tendered price of $556,464.69. . A, (2) That funding in the amount of $645,500 be allocated for the project : a as follows: | โ€œ| Revenue Sharing Grant $ 235,000 Water Capital Budget $ 27,000 Administration ยข 10,000 . Development Cost Charge Reserve $ 100,850 ,: Public Works Capital Budget $ 272,650 4 BACKGROUND AND COMMENTS: Four bids were received for the above contract 48 follows: Progressive Contracting $ 556,464.69 = H.B. Contracting $ 625,925.00 SE Columbia Bitulithic $ 683,162.78 oo, Jack Cewe $ 824,998.70 Progressive's tender was complete in all respects, and staff is satisfied that they have the ability to construct the works to City standards within the prescribed time. The Committee therefore recommends that the contract be i awarded to Progressive. Cont'd /2..- | | ITEM | PAGE a7 {lor