BACKGROUND
Included in the 2017 operating budget is $159,900 for the purchase of asphalt cold patch. Asphalt cold patch is used for making temporary roadway repairs for potholes and utility excavations. Our current annual usage averages approximately 700 tons of cold patch each year.
On April 3, 2017, a bid opening was held and three bids were publically opened. Arrow Road Construction was the sole bidder for asphalt cold patch with a delivered price of $128.00/ton. The bid meets all specifications and the Village has successfully worked with Arrow Road Construction in the past and their product meets all specifications.
RECOMMENDATION
It is recommended that the Village Board award a one-year contract for asphalt cold patch to the sole responsible bidder, Arrow Road Construction of Mount Prospect, Illinois for a delivered unit price of $128/ton, and authorize Staff to execute the necessary documents.