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. rates out of the pumps and allow for more precise starts and stops. The additional cost for the �� VFD is $32,000. The total contract price with both alternates is $827,875. . Staff has checked references and is recommending award of contract, with both alternates, to the _ apparent best value contractor, Magney Construction, Inc., of Chanhassen, Minnesota. 3 POLICY OBJECTIVE � Staff plans and recommends the timely replacement of infrastructure to provide continuous ., uninterrupted sanitary sewer service to all properties in Roseville. Staff seeks to find the inost � cost effective purchasing opportunities to meet budgetary and operational objectives. �i�� FINANCIAL DISCUSSION .. This project was included in the 2015 capital improvement plan at an estimated cost of $500,000. � At this time based on the proposals received, the cost of this project, including construction . ($827,875) and engineering ($58,817), is $886,692. While the overall project price is substantially higher than the CIP budgeted amount, staff feels that these improvements are � necessary and that given the current bidding climate the project cost is reasonable; the updated �-� engineer's estimate is a reflection of that. Staff will balance the extra cost of this project with �� planned storm water capital expenses in 2016. This project will be funded by the Storm Sewer Utility fund. _ STAFF RECOMMENDATION � Staff recommends approval of a resolution awarding a contract for the St. Croix Storm Sewer Lift �� Station Project in the amount of $827,875.00 to Magney Construction, Inc., of Chanhassen, Minnesota. REQUESTED COUNCIL ACTION �.� Approve resolution awarding a contract for the St. Croix Storm Sewer Lift Station Project in the � amount of $827,875.00 to Magney Construction, Inc., of Chanhassen, Minnesota. Prepared by: Kristine Giga, Civil Engineer Attachments: A: Resolution B: Letter of Recommendation to Award Contract C: Location map Page 2 of 2