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Six bids read for East and West San Martin Drive reconstruction; low recorded at $4.62 million
Summary
Officials opened bids for FY2025 East and West San Martin Drive reconstruction (Contract 1116) in Waterloo; six bids were read and recorded. The engineer's estimate was $5.3 million and the lowest clear bid in the transcript was $4,616,849.97 from Cedar Valley Corporation; two bid amounts were garbled in the record.
Officials held a bid opening for the fiscal year 2025 East and West San Martin Drive reconstruction project, contract number 1116, in Waterloo, Iowa. The engineer's estimate for the project was stated as $5,300,000.
During the session, an unidentified meeting official read six bids aloud and recorded each bidder's 5% bid security. "Their total bid is $4,616,849.97," the official read when announcing Cedar Valley Corporation of Waterloo as the first bidder. The transcript records Riley Construction (O C, Iowa) at $6,987,628.28 and Boomerang Corporation (Anamosa, Iowa) at $5,477,713.60. Peterson contractors Incorporated of Rhinebeck is recorded at $4,621,444.30.
Two bid amounts in the transcript are unclear. Iowa Civil Contracting Incorporated of Victor is recorded with a garbled figure (transcript text: "5135064¢"). Owen Contracting of Cedar Falls is recorded with inconsistent numeric text across successive segments (transcript text: "4,642,000." followed by "Dollars 7 point 6 4."). The bid opening record did not include any award, motion, or formal decision; the official closed the reading by thanking bidders.
Because the transcript contains garbled numeric entries for at least two bidders, staff or procurement records should be consulted to confirm the accurate totals before any award or comparison is made. The engineer's estimate, the list of bidders, and the clearly recorded bid totals above are the items recorded in the meeting record.
