I-1 - Resolution 2022-067 - Award of Bid for Well #5 Pump, Controls and Watermain.docx

July 22, 2022 Doug Boldt City Administrator City of Tiffin 300 Railroad Street P.O. Box 259 Tiffin, Iowa 52340 TIFFIN, IOWA WELL 5 PUMP, CONTROLS & WATER MAIN RECOMMENDATION TO AWARD CONTRACT BID TAB The City of Tiffin received bids until 2:00 p.m., July 21, 2022 for the Well 5 Pump, Controls & Water Main. One bid was received as follows: <table> <tr> <th>Bidder</th> <th>Bid</th> <th>Alternate</th> </tr> <tr> <td>Boomerang Corp.</td> <td>$779,550.00</td> <td>$1,500.00 Add</td> </tr> </table> The apparent low bid for the project was submitted by Boomerang Corp. with its bid in the amount of $779,550.00. We have enclosed one copy of our certified bid tabulation for your use. Veenstra & Kimm, Inc. has examined the bidding documents and they appear in order. The Engineer’s estimate of cost for the project was $690,000.00. The low bid submitted by Boomerang Corp. was approximately 13% above the Engineer’s estimate of cost for the project. Veenstra & Kimm, Inc. spoke with a few of the plan holders that did not bid the project. Feedback from those contractors gave the impression that competition for projects is very low at this time. The need to have the well completed and connected to the system coupled with the uncertainty in future bid climate are reasons to consider awarding the current bid, even with the cost above the Engineer’s estimate. We recommend that the City of Tiffin award the construction contract to Boomerang Corp. in the amount of the bid of $779,550.00. If you have any questions or comments concerning the project, please contact us at (319) 466-1000. VEENSTRA & KIMM, INC. Dave Schechinger DRS:mmc 5093/1 Enclosures