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Grant Street Phase 2 apparent low bidder comes in under estimate at nearly $4 million
Summary
City staff reported Midwest Paving as the apparent low bidder for Grant Street Phase 2 at $3,999,969.69, about $800,000 under the engineer's estimate; staff said remaining appropriation balance is roughly $916,000 after contingencies and other adjustments.
City engineering staff told the Lebanon Board of Public Works and Safety on July 14 that Midwest Paving is the apparent low bidder for the Grant Street Phase 2 project, submitting a bid of $3,999,969.69 at the INDOT letting held July 9. The staff presentation said that bid came in about $800,000 below the city engineer’s estimate. When staff factored in a 10 percent…
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