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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 after bids exceeded preliminary amounts. “After the bids came in, they were quite a bit higher than what we had been told they would be, and we were able to go back to BMTS … and come up with another 500,000 for the project,” Lake said. He described the adjustment as “good news” for the pedestrian safety project.
Lake told the council the DOT funds do not cover certain payment/administration costs that will rise with construction prices; the city will incur additional local expense for those items. He estimated that the overall project gap, previously around $500,000, now brings the city closer to “a million” in total local impact once increased payment costs are included. Lake said the city has the budget to handle the increase.
Council members asked for documentation showing the revised schedule and funding table. Lake said the packet includes a page that details total federal and local costs and that BMTS administers the DOT funds for the region; local staff negotiated the extra allocation.
Council voted to expedite the amendment so the city could meet DOT timing requirements. A roll call recorded five ayes with one councilor absent.
The supplemental agreement amendment allows the city to accept the larger DOT allocation and proceed with engineering and construction procurement under the adjusted scope.
