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Park City awards Channel 4 stormwater contract after bids come in above estimate
Summary
Council approved a contract with Prado Construction LLC for Channel 4 stormwater improvements after a May 29 bid opening showed the low bid of $2,410,332.68, above the engineer’s estimate; the project will be financed temporarily and repaid with long-term general obligation bonds.
Park City Council on June 10 approved a contract award for Channel 4 stormwater improvements after staff reported the low bid exceeded the engineer’s estimate.
City staff told the council that “Bid opening was conducted on May 29 for Channel 4 stormwater improvements. A total of 3 companies submitted bids. Prado Construction LLC submitted the lowest bid of $2,410,332.68 which was above the engineer's estimate of $2,205,421,” and recommended awarding the work to the low bidder. The council approved the award…
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