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BID TABULATION <br /> VENDOR BID TOTAL <br /> Treasure Coast Contracting Inc $226, 081 . 29 <br /> ESTIMATED BUDGET $ 1911548 . 51 <br /> SOURCE OF FUNDS Forest Lake subdivision water assessment project <br /> 473 -000- 169- 501 . 00 <br /> RECOMMENDATION <br /> Staff recommends that the bid be rejected due to the sole bid received is over the budgeted amount <br /> by approximately$ 34, 000 . 00 and instruct the Utilities <br /> and resubmit to the Purchasing Division for re-bid . Depanment to revise their specifications <br /> ON MOTION by Commissioner Stanbridge, <br /> SECONDED by Commissioner Macht, the Board <br /> unanimously rejected Bid # 3048 due to the sole bid <br /> being over the budgeted amount by approximately <br /> $ 34 , 000 and instructed staff to revise their <br /> specifications and resubmit to the Purchasing <br /> Division for re - bid , as recommended by staff. <br /> JULY 312001 a np 72 9 <br /> - 30 - <br />