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Financial Implications <br />We received �ve bids for the proj ect. The low bid submitted by Lametti & Sons, Inc., <br />$79,839, is significantly lower than the Engineer's construction estimate of $124,815. <br />The following is a list of the bids received: <br />BIDDER AMOUNT <br />Lametti & Sons, Inc. $ 79,839 <br />Insituform Technologies USA, Inc. $ 83,832 <br />Visu-Sewer, Inc. $ 96,331.65 <br />Veit & Company, Inc. $ 97,652 <br />Michels Corporation $100,999 <br />This project is funded in the Sanitary Sewer Enterprise Fund. Because the bids came in <br />favorably, staff will discuss the possibility of lining additional segments with the <br />contractor. If the contractor is willing to complete additional lining as a part of the <br />project, staff will prepare a change order for the City Council to approve. <br />Council Action Requested <br />Motion to award the 2010 Sanitary Sewer Lining Project to Lametti & Sons, Inc., of <br />Hugo, Minnesota in the amount of $79,839. � <br />City Council Meeting <br />\�1Vletro-inet.us\ardenhills�PR&PW\Engineering\Council_Actions\2010\5-24- l OMemo_SewerLining_Award.Bid. doc <br />Page 2 of 2 <br />