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AGENDA RECOMMENDATION |
Item No: 4.A.
Economic Development Authority
- Meeting Date:
- 08/12/2024
Agenda Item:
Resolution considering bids on Capital Improvement Project 11109; 919 Mayvis Boulevard Renovation.
Recommendation/Action(s):
Adoption of the attached resolution.
Summary:
The Economic Development Authority reviewed the feasibility of Capital Improvement Project 11109; 919 Mayvis Boulevard Renovation at their March 4, 2024, meeting. Bidding documents were developed this spring and the project was advertised for public bidding on July 2, 2024. Six (6) contractors submitted bids for the project. The contract has a substantial completion date of December 31, 2024.
The project as bid includes replacement or installation of gypsum wall board, floor coverings, wall base, painting, kitchen cabinets, bathroom remodel, lighting, interior/exterior doors, and select windows.
Land to Home Development, Inc. submitted the lowest responsible bid of $64,700 with all documentation conforming to the bid requirements set forth by the authority and federal regulations.
Staff recommends the Authority award the bid in the amount of $64,700. Proposed funding for the project has been identified in the City of Mankato Housing Capital Budget.
The project as bid includes replacement or installation of gypsum wall board, floor coverings, wall base, painting, kitchen cabinets, bathroom remodel, lighting, interior/exterior doors, and select windows.
Land to Home Development, Inc. submitted the lowest responsible bid of $64,700 with all documentation conforming to the bid requirements set forth by the authority and federal regulations.
Staff recommends the Authority award the bid in the amount of $64,700. Proposed funding for the project has been identified in the City of Mankato Housing Capital Budget.