MDOT reports Q3 letting activity and contract finalization data; some large projects drive higher final-cost average
MDOT presented quarterly bid letting, procurement card and final contract reports. The department said it let 144 projects in the third quarter and that 50 MDOT projects were finalized in the quarter totaling about $432 million; a small number of large projects raised the average final cost to 3.01% over original contract values.
The full story
MDOT staff briefed the State Transportation Commission on Aug. 1 about third-quarter letting activity, procurement card transactions and final contract costs.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in