Title:
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ASPHALT EMULSION
SUBJECT: Bid Award: Asphalt Emulsion Oil.
FISCAL IMPACT: Funding available in Road Operating Budget, 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 $369,250 for asphalt emulsion oil bidder plus an additional amount of $25,000 for spreading costs and an additional $75,000 (20% of low bid) to cover volatility in oil prices for a not to exceed amount of $469,250.
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