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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 higher bid; commissioners noted roughly an $800,000 difference but the transcript did not clearly record the exact second‑bid figure.
The presenter said the Land Bank and the owner's project manager had been vetting references and working with DCAM processes to ensure the low bidder met qualifications: "They have been in the process of working through DCAM, references and making sure that JJ Cardosi is, you know, that everything has been filed correctly," staff said. Commissioners also noted JJ Cardosi has local subcontracting ties for hauling and related work.
Glenn Coleman led the motion to approve the recommendation and to authorize Rachel (staff) to sign contract documents once bonds and contract paperwork are in order. A commissioner seconded the motion and commissioners voted in favor.
Commissioners discussed next steps including a scheduled site visit and early mobilization work: the low bidder was expected to begin site surveys the day after the meeting and to move toward a notice to proceed once contract documents and bonds were complete.
The commission approved the award and authorization; the contract execution will proceed once staff receives the finalized bond and contract paperwork.
Notes: the transcript records JJ Cardosi's bid precisely as $1,747,000; the second bidder's amount was recorded unclearly in the transcript and is described here as "materially higher" and "roughly $800,000 higher" per commissioner comments.
