ITB_2026-05_Bid_Tabulation.pdf

This is a bid tabulation sheet for the Town of Farragut, Tennessee, documenting the sealed bids received for a street resurfacing project. The Town of Farragut solicited bids for the resurfacing of various streets with a submission deadline of 2:00 p.m. on Thursday, June 12th, 2025, at Farragut Town Hall, 11408 Municipal Center Drive, Farragut, Tennessee. Bidders were required to include their name, license number, and project title on the outside of the envelope to be considered. The bids were publicly opened and read aloud on the specified date and time.

Three vendors submitted bids for the project: APAC-Atlantic, Inc. (Knoxville, TN) at $1,654,963.70; PRI of East Tennessee, Inc. (Knoxville, TN) at $2,465,495.00; and Duracap Asphalt Paving Co. Inc. (Knoxville, TN) at $1,960,342.59. APAC-Atlantic, Inc. submitted the lowest base bid price at approximately $1.65 million. All three bidders were located in Knoxville, Tennessee, indicating regional contractor participation in the procurement.