Title
Consider and take action to award a contract renewal (Bid #15-012) to Century Asphalt for Hot Mix Asphalt in the estimated amount of $175,000 for a contract period of one (1) year beginning October 1, 2015 (Director of Finance)
Background:
Purchasing issued a bid solicitation in February 2015 for this service. The contract was awarded by Council on March 24, 2015 for a six month period. The City has the option to renew this contract with the current vendor. The vendor has agreed to renew the contract with no price increase.
Hot mix asphalt is a combination of approximately 95% stone, sand or gravel bound together by asphalt cement that is used for re-surfacing and patching existing roads.
Century is the City’s current provider of hot mix asphalt. They have agreed to renew their contract for the existing price of $53.90 per ton.
Attachment:
1. Data Sheet
2. Contract
3. 03-24-15 Approved Data Sheet
CONTRACT ORIGINATION:
City standard contract developed and approved by the City Attorney
FUNDING
{ } NOT APPLICABLE
{x} Funds are available from Streets Department Account #010-6106-652-5191
{ } Requires Budget Amendment to transfer from Account # ________to Account #__________