Council hears low bid far below estimate for Thornton elevated tank project
Summary
The mayor reported five bids for the Thornton elevated tank water-project; the apparent low bid came in at $1,887,000, about $1 million below the engineer's estimate of $2.9 million. Council will await the city engineer's recommendation before taking further action.
The mayor announced results from a competitive bid opening for the City's Thornton elevated tank water project. The engineer's estimate had been $2,900,000; five bids were received, ranging from $1,887,000 (apparent low bidder) to $3,022,000.
"It's the apparent low bidder at 1,887,000, which is over 1,000,000 less than the estimated cost," the mayor said. The council will wait for the city engineer's recommendation before voting on an award. Officials noted the apparent low bid will be reviewed for completeness and consistency with project specifications before the council considers contract action.
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