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Broadview awards $675,417.50 contract for 21st Avenue improvements using $500,000 Investing Cook grant
Summary
The Broadview Board unanimously awarded a $675,417.50 contract for 21st Avenue improvements after competitive bidding. Trustees noted the bid was below an earlier $800,000 estimate and said the lower price reduces the village’s expected share of the project.
The Village of Broadview Board of Trustees voted 6-0 to award a competitively bid contract for improvements to 21st Avenue, with the winning bid announced as $675,417.50.
Director Hood explained the project is supported in part by a $500,000 Investing Cook grant the village received for the work. Trustee Wimper announced the winning bid amount of $675,417.50 to the board. During discussion, trustees noted that the bid was substantially lower than an earlier $800,000 estimate used for budgeting; one trustee said that the lower bid reduces the village’s expected contribution and described it as saving the village about $140,000.
Why it matters: the award authorizes a contractor to proceed on a grant-funded roadway project that affects village streets and local traffic. The lower-than-expected bid may reduce Broadview’s local cost share; however, the transcript does not provide a detailed final allocation of the village’s portion after grants and other funding are applied.
The contract award passed by unanimous roll call. The board then moved through remaining agenda items and adjourned at 12:41 p.m.
