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Rejection of Bids - Momentum TIF Project - Site Work - Proj No 124-018
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Rejection of Bids - Momentum TIF Project - Site Work - Proj No 124-018
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11/12/2024 3:48:07 PM
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11/12/2024 3:48:04 PM
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Board of Public Works
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Projects
Document Date
11/12/2024
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Page 1 of 1 <br />INTER-OFFICE MEMORANDUM <br /> DEPARTMENT OF PUBLIC WORKS <br /> DIVISION OF ENGINEERING <br />TO: Theresa Heffner, Clerk <br />Board of Public Works <br />FROM: Zach Hurst, PE, Sr. Project Engineer <br />SUBJECT: Reject Bids - Project No. 124-018 <br />Momentum TIF Project – Site Work <br />DATE: 10/31/2024 <br />On October 22, 2024, the Board of Public Works opened and read bids for the above project. <br />The project covers sitework to be performed at the former Salvation Army building located at 510 <br />S. Main Street. <br />Two bids were received, with a summary of the Base Bids as follows: <br />Panzica Building Corporation: $621,200 <br />Larson Danielson Construction Co.: $625,898.27 <br />The budget, as allocated by the City’s Redevelopment Commission, is $475,000. As such, both <br />bids must be rejected as over budget. The developer will rescope a smaller bid package. A <br />request to re-advertise for bids is also included herein. <br />November 12, 2024
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