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Item 4CItem 4C Award construction contract for TW King Ground Storage Tank Repair and Painting to MK Painting, Inc. in the amount of $698,100.00 REQUESTED ACTION Award construction contract for TW King Ground Storage Tank repair and painting to MK Painting, Inc. in the amount of $698,100.00 TW King Ground Storage Tank 3655 TW King Road Background: 5 Million Gallon Tank constructed in 1999. The repairs will include: Interior metal repairs for corrosion Repair leaking base around stand-pipe Repaint Interior of Tank Repaint Exterior of Tank Location Map & Picture TW King Ground Storage Tank Summary of Bids BIDDER BID AMOUNT ALTERNATE BID MK Painting, Inc. $698,100.00 $698,100.00 LC United Painting Co. $698,700.00 $706,700.00 Utility Service Co., Inc. $748,500.00 $740,500.00 Blastco Texas, Inc. $755,550.00 $730,550.00 Classic Protective Coatings $760,150.00 $772,150.00 NG Painting, LP $786,100.00 $786,100.00 TMI Coating, Inc. $929,000.00 $924,000.00 Caldwell Tanks $1,018,500.00 $1,033,500.00 TW King Ground Storage Tank Repairs Financial Consideration: Funding for this project is within the budget amount allocated from the FY2012 Capital Improvements Projects Utility Fund B5 Improve performance of delivery and operational processes Questions: Robert H. Price – 748-8097