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Title:
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ROAD DEPARTMENT
SUBJECT: Bid Award: Asphalt Emulsion Oil.
FISCAL IMPACT: Funding available in Road Operating Fund/Budget Unit No. 122-1221
ACTION REQUESTED: Award the bid to Albina Asphalt, 801 Main Street, Vancouver, WA 98660, the lowest bidder meeting the specifications, in the amount of $306,520.88 for asphalt emulsion oil bidder plus an additional amount of $25,000 for spreading costs and an additional $75,000 (32% of low bid) to cover volatility in oil prices for a not to exceed amount of $406,520.88.
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