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750 ton LVWE45030B 1/2"' Asphalt Wear Mix <br />Commercial Asphalt (Blaine or Newport plant) <br />$51.00 <br />Bituminous Roadways (Minneapolis) <br />$,51.25 <br />Midwest Asphalt (Eden Prairie) <br />$,52.95 <br />T.A. Schifsky (North St. Paul) <br />$,59.75 <br />2010price $48.5011on + tax <br />200 ton LVWE 3503OB3/4"' Asphalt Wear Mix <br />Commercial Asphalt (Blaine or Newport plant) <br />$48.60 <br />Bituminous Roadways (Minneapolis) <br />$,49.25 <br />Midwest Asphalt (Eden Prairie) <br />$,51.95 <br />T. A. Schifsky (North St. Paul) <br />$,59.25 <br />2010 price $46.6511on + tax <br />Concrete panels and curb <br />Ron Kassa Construction, Inc. $289026.00 <br />Q3 Contracting, Inc. $,28,381.20 <br />Paragon Company $,50P02 1.00 <br />Paving and Reclaimina Villa Park- Cleveland Ave Pathwa <br />Bituminous Roadways $659128.10 <br />T. A. Schifsky $,67,P002.60 <br />Paragon $76fiI2.90 <br />Midwest Asphalt $,78,348.60 <br />"I'll <br />12 Staff monitors market trends for asphalt pricing. Current indicators are that pricing is expected to <br />13 increase in the few months for asphalt materials, bituminous paving, and aggregate. <br />14 <br />15 POLICY OBJECTIVE <br />16 Each year city staff uses the competitive bid process to secure maintenance materials, contractual <br />I 7 paving, and contractual concrete work that fall within budget guidelines. This allows <br />I maintenance programs to be completed as planned with quality materials at the lowest possible <br />19 cost to the city. <br />20 <br />ZI FINANCIAL IMPACTS <br />22 Street maintenance materials,, contractual concrete work, paving, reclamation, and miscellaneous <br />23 patching are funded in the street maintenance budget. Pathway paving is funded in the pathway <br />24 maintenance budget. The bids received are reflective of the current market rates for the items <br />Z, bid. Material prices continue to change as transportation costs and oil based materials are <br />26 affected by the oil markets. Combined bids received in 2011 reflect a overall increase in cost for <br />27 maintenance materials and repairs and contractual work. <br />Page 2 of 3 <br />