The City of Waterloo held a municipal bid opening on March 13, 2025, to review proposals for two contracts related to infrastructure projects. The meeting revealed that there were no bids submitted for contract number 1115, which pertains to the fiscal year 2025 asphalt overlay program. However, one bid was received from Aspro Incorporated of Waterloo, Iowa, which provided a 5% bid security. The total bid amount for this contract was reported at $4,908,656.32.

For contract number 1117, associated with the fiscal year 2025 ACC reconstruction project, two bids were received. Aspro Incorporated again submitted a bid, totaling $1,412,835.16, along with the required 5% bid security. The second bidder, Peterson and Contractors Incorporated from Rhinebeck, Iowa, also provided a 5% bid security, although their bid amount was not disclosed during the meeting.

The engineers' estimate for the ACC reconstruction project was noted to be $1,860,458.40. The meeting concluded with the acknowledgment of the bids received, setting the stage for further evaluation and decision-making regarding the awarded contracts.