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Contract Award For Traffic Signal at Raitt /Adams <br />& Bike Lanes on Newhope and First Streets <br />March 17, 2015 <br />Page 2 <br />State funds are provided for eligible projects that improve safety and convenience for bicycle <br />commuters. The BTA application was accepted and the City was awarded $110,700 (Exhibit 3). <br />The added funding will be used to provide for a smooth Class II bike lane on First Street between <br />Newhope Street and Harbor Boulevard. <br />The following table summarizes the available funds and proposed expenditures for this project: <br />Available f=unds <br />Prior Years & Current CIP $745,100 <br />(various sources) <br />BTA (Newly Added Amount) $110,700 <br />Total Available $855,800 <br />Proposed Expenditures $855,800 <br />Project Cost Analysis <br />In addition to the BTA grant, project funding from the prior year CIPs include Bicycle Corridor <br />Improvement Program (BCIP) funds, Highway Safety Improvement Program (HSIP) funds, and <br />Measure M2 funds. <br />A Notice Inviting Bids was advertised on January 14 and 15, 2015, and bids were opened on <br />February 4, 2015. The following is a summary of the bid invitations made and the bids received: <br />Contractor Participation Data <br />Santa Ana contractors receiving notices <br />13 <br />Contractors requesting bidding documents <br />13 <br />Bids received <br />4 <br />Bids received from Santa Ana contractors <br />0 <br />23A -2 <br />