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Council approves contingency spending and FY2027 advancement for Lake Woodbine bridge project
Summary
The council approved splitting a 10% contingency on the Lake Woodbine bridge low bid and advancing $500,000 of FY2027 funding; the motion passed 7–0 after staff explained contract timing and contingency sharing with IDOT and the contractor.
The Lake Forest City Council voted unanimously on Jan. 20 to approve construction contingencies and an early funding advancement for the Lake Woodbine bridge project.
Superintendent of Engineering Byron Coutts told the council the low bid for the Lake Woodbine bridge work was $4,297,000 and that staff had set a 10% contingency (about $429,000) when…
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