SUBJECT
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Consideration to award contract FY24-093 to the lowest responsive, responsible bidder Intercomp Company, Medina, Minnesota in the amount of $341,794.38. This is for the purchase of load cells (weight in motion sensors) for Commercial Bridges III and IV. These load cells to be replaced are near the end of their useful life. Funding is available in the Laredo Bridge System Funds.
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PREVIOUS COUNCIL ACTION
N/A
BACKGROUND
The City went out on formal bid solicitations through Cit-E-Bid in which only Intercomp Company, Medina, Minnesota submitted a bid.
COMMITTEE RECOMMENDATION
N/A
STAFF RECOMMENDATION
recommendation
Requesting the purchase be approved in order to continue to weight all commercial vehicles entering our commercial toll lanes to ensure that the electronic toll collection equipment is working correctly to detect the accurate weight of all commercial vehicle crossings.
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Fiscal Impact
Fiscal Year: 2024
Budgeted Y/N?: Yes
Source of Funds: Laredo Bridge System Funds
Account #: 553-4010, 4012, 4015, 4061-583-2030
Change Order: Exceeds 25% Y/N: No
FINANCIAL IMPACT:
Funding is available in the Laredo Bridge System Fund. The contract will be divided equally among four (4) bridge divisions 553-4010-583-2030, 553-4012-583-2030, 553-4015-583-2030 and 553-4061-583-2030.