Title
Bid Award for Purchase of Steel Concrete Forms (B)
Explanation
On April 29, 2004, the Public Works Department solicited fax quotes from 51 prospective bidders. Three responses (3) were received on May 19, 2004, KWI of Ocala, Inc., was the lowest quote received.
Because the price of steel is extremely volatile, the quote is only good for a short period of time. The vendor had to place their order with the supplier before June 18th to receive the price that was quoted to us to avoid a significant price increase.
Fiscal Note
Funds were utilized out of the Public Works Operations budget.
Recommendation
The City Commission: 1)Award the bid to KWI of Ocala, Inc., for the purchase of steel concrete forms; and 2) authorize the City Manager or designee to issue a purchase order in the amount of $32,698.01.