BID AWARD RECOMMENDATION
CITY OF RIVERSIDE
Finance Department
DATE SUBMITTED: 08/15/2023
BID NO.
7986
BID TITLE
Purchase and Delivery of Two (2) New CNG Storage Spheres
DEPARTMENT/DIVISION
General Services
DATE BID OPENED
02/08/2023
BIDS RECEIVED (2) INVITATIONS ISSUED (Online) ESTIMATED COST: $150,000.00
BID PRICE GOOD THROUGH: JUNE 8, 2023
BIDDERS: CITY AMOUNT BID
ABCO Development Corporation Los Angeles, CA $149,174.55 Technology International Inc.* Lake Mary, FL $164,865.00
*Vendors were deemed unresponsive due to not meeting the minimum requirements of the Bid.
BID DESCRIPTION: Seeking a qualified entity or individual to provide a total of two (2) new CNG Storage Spheres manufactured by Allied Equipment, Inc.
BID Recommended For Award (Includes Sales Tax) 10% Surety Included Contract 10% Surety not required Purchase Order
Best Ranking Proposer Amount of Award
ABCO Development Corporation $149,174.55
COMMENTS:
The Purchasing Division has evaluated all bids received and recommends award be made to the lowest responsive and responsible bidder in compliance with Purchasing Resolution 23914. The General Services Department concurs with this recommendation and will be submitting a report.
Submitted by: Jennifer McCoy, Purchasing Manager Date: 07/19/2023