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14 - Construction Contract with Richard Drake Construction-E Cherry, E Third, Northwest-Southwest Seventh Streets-2017 Bond Streets Projectherd No. 14 TO: Mayor & City Council John Godwin, City Manager FROM: Carla Easton, City Engineer SUBJECT. 2017 STREET BOND FUND — CONSTRUCTION CONTRACT AWARD FOR EcnERRY, E 3RD, NW 7""' & Si 7TH STREET IMPROVEMENTS DATE: October 13, 2017 BACKGROUND: In May of this year, voters authorized the sale of $9.5 Million in bonds to improve city streets. The first project to be completed with the 201.7 Street Bond Fund includes the rehabilitation of' E Cherry Street from NE 2011 to NE 25"', E 3" Street from Sherman to Provine, NW 7"' Street from Graharn to Center, and SW 7"' from Washington to Grand. The proposed improvements consist of milling and overlay of the existing asphalt surface and replacement of broken or rnissing curbs, gutters, and sidewalks. The contract plans and specifications were prepared in-house by the Engineering Departirielit. STATUS OF ISSUE: On October 5, 2017, five bids were received for the project and Richard Drake Construction submitted the low bid in the amount of $880,328.44. The bids were reviewed and references checked in accordance with the contract docurrients, and Staff recommends award of the contract to Richard Drake Construction. The contract documents require this project to be completed within 90 calendar days after issuance of the notice to proceed. Construction is anticipated to begin in November. A summary of the bids received for this project is as follows: Bidder Bid Amount Richard Drake Construction $880,328.44 Core Construction $1,01.4,787.10 RK Hall $1,183,950.55 Pave( -'on $1,284,904.80 FNH Construction $ 1,500,281.00 BUDGET: Funding is available in the 2917 Street Bond Fund. Item No, 14 RECOMMENDATION: Authorize the City Manager to CXeCLIte a contract with Richard Drake Construction for construction of the 2017 Street Improvements Project and related change orders for an amount not to exceed $950,000.