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Oak Ridge awards Veterans Honor Green Phase 2 construction contract to Parker Construction with contingency cap
Summary
Council awarded a construction contract for Veterans Honor Green Phase 2 to Parker Construction and approved a contingency capped to keep the total within the budgeted $70,180.
The Town of Oak Ridge awarded the Phase 2 construction contract for the Veterans Honor Green to Parker Construction and approved a contingency structure so the project remains within the budget previously allocated by council.
Staff reported the town received four bids. The lowest responsible bid was $72,800; after value-engineering discussions with the landscape architect the scope was revised and a negotiated contract sum of $66,200 was presented. Town staff said the town had $50,000 budgeted in the current fiscal year and…
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