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Shore Drive Phase 3 bids come in far above estimates; council discusses funding and timing
Summary
Project staff told the City Council on Jan. 14 that bids for Shore Drive Phase 3 returned significantly above the engineer’s estimate, leaving a funding shortfall of roughly $26 million for the public-works and utilities portions of the project.
Project staff told the City Council on Jan. 14 that bids for Shore Drive Phase 3 returned significantly above the engineer’s estimate, leaving a funding shortfall of roughly $26 million for the public-works and utilities portions of the project.
Why it matters: Shore Drive Phase 3 is a long-standing safety and roadway-improvement project intended to reduce crash risk, raise roadway grade in flood-prone areas and add pedestrian and bicycle facilities along a one-mile-plus corridor. Significant cost increases or delay affect safety, flood-protection sequencing and long-running CIP priorities.
Public-works staff said the engineer’s estimate for the total package (public works, utilities and HRSD components) was $48.2…
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