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MEDC discusses wayfinding sign project after vendor bid far exceeds budget; board orders pursuit of additional bids
Summary
Staff reported an initial wayfinding sign proposal of about $1.17 million that a vendor said could be trimmed to roughly $900,000; the board directed staff to seek competitive bids and consider government-vetted procurement options to reduce cost and speed delivery.
MEDC staff provided an update July 15 on the downtown wayfinding sign project and the board discussed procurement and budget options after receiving a high initial estimate. Staff reported the vendor’s invoice and breakdown totaled about $1,171,000 but said the vendor indicated the project could likely be reduced to about $900,000 without losing product quality.
Board members said the figure was substantially higher than earlier estimates and directed…
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