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Land Bank approves low bid for 41 Jefferson Street and authorizes staff to sign contract
Summary
The Nantucket Land Bank Commission approved awarding the 41 Jefferson Street contract to low bidder JJ Cardosi ($1,747,000) and authorized staff to sign contract documents; commissioners cited local subcontracting and OPM recommendations while noting a roughly $800,000 difference with the other bidder (amount in transcript unclear).
The Nantucket Land Bank Commission voted to award the contract for work at 41 Jefferson Street to JJ Cardosi, the low bidder, and authorized staff to sign the related contract documents on behalf of the Land Bank.
Staff told commissioners at the March 24 meeting that two bids were received for the project and that JJ Cardosi submitted the lowest price: "JJ Cardosi came in with a proposed contract price of $1,747,000," the presenter said. The second bidder submitted a materially…
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