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2016 Public Health & Safety Bond shows $85 million funding gap; projects face bidding and schedule pressure
Summary
Presenters said the 2016 bond program currently shows an uncaptured deficit reduced to about $85 million after supplemental funding; presenters highlighted bidding pressures, material and labor shortages, and project rescoping as mitigation tools, and cited a $33.7 million state grant and potential climate adaptation funds as supplemental sources.
DPH and Public Works officials updated the Health Commission on March 7 about the 2016 Public Health & Safety Bond program, reporting an uncaptured deficit that has been reduced to an estimated $85 million after applying supplemental funding sources.
Terry Saltz of Zuckerberg Capital Planning and program leads described a constrained bidding environment: contractors and skilled trades shifted away from medical projects during the pandemic, material…
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