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Spencer faces $350K–$400K shortfall after Town Park low bid; board to seek value engineering and community fundraising
Summary
The apparent low bid for Spencer’s Town Park base contract came in at $2.44 million — roughly $350,000–$400,000 above the town’s construction budget. Staff told the board they will pursue value‑engineering, a possible capital campaign, and a budget amendment before awarding the contract.
The Town of Spencer reported on Aug. 8 that the apparent low bid for the Town Park base construction came in at $2,440,000, leaving an estimated funding gap of about $350,000 to $400,000 against the town’s roughly $1.85 million construction budget.
Joe Morris, who joined the meeting by Zoom, said the low bid exceeded the budgeted amount and that the project team is pursuing ‘value engineering’ with the apparent low bidder to reduce costs without compromising overall quality. “The low bid was above the budgeted amount,” Morris said. “They are going to present to us by the end of next week a new proposal that would potentially get our prices closer together.”
The town…
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