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DOT increases Main Street corridor funding after bids come in higher than expected
Summary
State-administered funds managed by BMTS add roughly $500,000 to the Main Street pedestrian safety project after bids exceeded initial estimates; the city will absorb higher local payment costs for construction administration and payment processing.
BINGHAMTON — Council members were told Jan. 27 that bids for the Main Street Corridor pedestrian safety project came in substantially higher than earlier estimates and that an amended supplemental agreement with the New York State Department of Transportation will increase the available funds.
Ron Lake, presenting in public works, said Broome Metropolitan Transportation Study (BMTS) negotiated an additional $500,000 for the project…
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