Title
Pavement Marking - Proposal
History
Due to the ongoing COVID-19 pandemic, and the challenge of advertising for competitive bids at this time, staff requested a proposal from Precision Pavement Markings, Inc. of Elgin, Illinois (the Village’s current contractor awarded a three-year bid for pavement marking unit pricing in 2017) to extend the 2019 pricing for pavement marking unit pricing for one year. Precision Pavement Markings, Inc. proposes to raise unit pricing by $0.05 for each line item. The $0.05 increase is an equal or lesser increase than the cost increments from 2017 to 2019. Attached is a quote from Precision Pavement Markings, Inc. dated April 22, 2020. Also attached is the Precision Pavement Markings, Inc. unit pricing schedule for 2017 through 2019, with the applicable epoxy pricing highlighted in yellow. Over the past three years, the Village has experienced excellent client service and excellent pavement marking durability life from Precision Pavement Markings, Inc.
To continue the annual refreshing of various pavement markings throughout the Village, staff is requesting to extend the contract with Precision Pavement Markings, Inc. for one year at an amount not to exceed $125,000.00
Financial Impact
Funds are available in road improvement capital account 054-0000-47125.
Recommended Action/Motion
I move to approve a one year contract extension for Precision Pavement Markings, Incorporated of Elgin, Illinois, for pavement marking unit pricing, in an amount not to exceed $125,000.00 for fiscal year 2020.