Title:
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ASPHALT EMULSION OIL
SUBJECT: Bid Award: Asphalt Emulsion Oil / Albina Asphalt.
FISCAL IMPACT: Funding is available in the Road Operating Fund/Budget Unit No. 122-1221.
ACTION REQUESTED: Award the bid for asphalt emulsion oil to Albina Asphalt, 801 Main Street, Vancouver, WA, 98660. the lowest bidder meeting the specifications in the amount of $336,152.64 for asphalt emulsion oil bidder plus an additional amount of $25,000 for spreading costs and an additional $75,000 (22% of low bid) to cover volatility in oil prices for a not to exceed amount of $436,152.64.
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