By Mark Squibb\April 14, 2023
Council last week agreed to spend $1.2 million ensuring that line markings on city streets will be painted up until 2025.
The City received four qualified bids by the March 16 deadline, the lowest of which was the $1.2 million bid courtesy of Modern Paving Ltd. The amount is inclusive of HST.
In addition, the Planning, Engineering and Development Committee recommended pre-committing funds for the 2024 and 2025 portions of this contract, valued at $401,775 and $422,910 respectively.
Councillor Jim Locke clarified the contract includes two annual applications of paint per year— once in the spring, and again in the fall.
The motion passed unanimously and without further discussion.
The $1.2 million price tag along with the pre-commitment funds indicate the work costs just over $400,000 per year.
No mention of it was made in the meeting, but a quick search of previous agendas show that in 2020, prior to global inflation, the 2020 Street Markings contract was awarded for $387,000, HST included.
