Board approves $95,346.41 surety reimbursement for Lowell Riverside Drive resurfacing
After the original contractor defaulted, the board approved appropriating $95,346.41 from a surety bond to cover the higher cost of rebidding and completing the City of Lowell Riverside Drive resurfacing project; county staff said the surety will reimburse the county and work on change orders if needed.
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The board approved a request from community action to appropriate $95,346.41 from a surety‑bond payment to the FY27 community‑development fund to cover the difference between a new low bid and the previous contract price for the City of Lowell Riverside Drive resurfacing project. The original contractor defaulted and the contract was terminated on July 18, 2026; a new solicitation in March 2026 produced a higher low bid and the surety (Granite RE Inc.) has approved the claim to reimburse the project for the cost difference.
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