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� <br />Public Works Agenda Report <br />Date: June 21, 1994 <br />Page � of � <br />FINANCIAL IMPACT <br />The Engineers Cost Estimate for the total project is $130,000.00. <br />This project is being funded by the T.S.M Program and is 100% <br />reimbursable. The City must front the cost and job must be <br />completed by the contractor prior to reimbursement from Caltrans. <br />RECONIl�IENDAT I ON : <br />Staff has advertised and received the attached list of bidders for <br />the Project and if Council concurs, Staff would recommend selection <br />of Steiny and Company Inc., in the amount of $58,007.50 for <br />installation of the Rancho Avenue Signal Interconnect Project. <br />����/� � <br />Concur <br />