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DPW awards $1.79 million concrete-rehabilitation contract after unusually low bids
Summary
At its Feb. 26 meeting, the Indianapolis Board of Public Works approved a $1,788,000 contract to Reith Riley Construction Company for the Concrete Rehabilitation 2024 CCMG project after bids came in roughly 50% below the engineer's estimate. staff described the results as a product of aggressive bidding in a slow market.
The Indianapolis City Board of Public Works voted Feb. 26 to award a contract to Reith Riley Construction Company, Inc. to perform the Concrete Rehabilitation 2024 CCMG project (ST-2411) in a total not-to-exceed amount of $1,788,000.
The project covers concrete pavement rehabilitation on Lyndhurst from 16th Street to Crawfordsville Road and on Woodland Drive between 70 First and 70 Ninth. Substantial completion…
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