Included in the Airport's Capital Improvement Program is the Airport Employee Parking Lot project. This project will remove an existing hangar east of the Terminal, remove the existing pavement, install a new asphalt pavement surface, provide a new security fence, and install new sidewalks leading to the Terminal.  Relocating employee parking to the new lot allows the Airport to use the old employee parking area to increase the amount of paid parking at the Airport by nearly 200 stalls. The increase in the number of paid parking stalls should reduce the number of times that the Airport has to open the "free" overflow parking areas each year, and should ultimately help increase Airport parking revenues.  The project was advertised in the Billings Times and on the City's Web Site.  On April 15, 2014, the following bids were received:

CONTRACTOR	BID
Asphalt Plus, Inc.	$749,778.73
Knife River	$795,209.60
H.L. Ostermiller Construction, Inc.	$806,172.80
JEM Contracting	$825,374.80

The City Council may:

• Approve the award of the Airport Employee Parking Lot project; or
• Decline to approve the award, delaying the project.

The total cost of this project is $749,778.73. Funding for this project is available in the Airport Capital Improvement account.

Staff recommends the City Council approve the award of the Airport Employee Parking Lot to the low bidder, Asphalt Plus, Inc., for the amount of $749,778.73.