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Oak Ridge awards Veterans Honor Green Phase 2 contract to Parker Construction at $66,200; council caps contingency to match budget
Summary
After receiving four bids, the council awarded the Phase 2 construction contract for Veterans Honor Green to Parker Construction at a negotiated $66,200 and set a contingency cap so the project stays within the $70,180 available budget; the item passed after debate and a reconsideration motion.
The Town of Oak Ridge awarded construction of Veterans Honor Green Phase 2 to Parker Construction after the lowest responsible bid was value-engineered down to $66,200. The council also limited contingency so the total would not exceed the project budget of $70,180, which includes $20,180 raised by the special events committee and grant funds.
Town staff reported that four bids were received and the lowest responsible bid was initially $72,800; a value-engineered alternative…
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