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Commissioners say hospital project over budget; county plans to request CIB drawdown
Summary
Garfield County commissioners discussed higher-than-expected bids on a local hospital project and said they will request release of $1 million in Capital Improvement Board (CIB) funds after upcoming pay applications.
Garfield County commissioners reported that construction costs for the county hospital have substantially exceeded early estimates and that the county will seek to draw on Capital Improvement Board (CIB) funds once contractors’ pay applications move the project to the required draw threshold.
County officials said the original budget for the project was roughly $2.3 million, but bids returned “near $5–6 million.” The county reported it has paid…
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