N.D. Lea Consultants Ltd. ——~" 1455 West Georgia Street . Vancouver, 8.C., Canada VSG 2T3 Tol: (604) 685-9381 Telex: 04-55144 Fax: (604) 683-8655 Consulting Engineers » Planners * Transportation Consultants August 7, 1992 File: 81188.810 City of Port Coquitlam 2580 Shaughnessy Street Port Coquitlam, B.C. V3C 2A8 Attention; Mr, Ike de Boer Dear Sir: Re: Tenders for Coast Meridian Road Reconstruction @ Prairie Avenue The three bids received for this project are as follows: Jack Cewe Ltd, $786,918.83 Aggressive Roadbuilders Ltd. $753,340.00 Imperial Paving Ltd. | $739,635.00 The low bidder Imperial Paving Ltd. have provided the following: Bid Bond in the arnount of 10% of Tender. Undertaking of liability Insurance in the amount of $1,000,000.00, subsequently upgraded to. $5 000,000.00. } Consent of Surety for a Performance Bond and a Labour and Materials Bond, each for 50% of Tender Price. In summary I would recommend acceptance of Imperial Paving Ltd. bid in the amount of $739,635.00. Imperial Paving Ltd. have also provided Force Account Rates with their tender. I would not R. St. Louis, P.Eng. Project Engineer “RStL/met 2793 . s . ‘4 _ . Vancouver: * Winnipeg ® London « nternational . Laa ieaciates Loost00@ | | SALVIOOSSV Ya