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August 4, 2008

Contractors rediscover the public realm

  • Some agencies are seeing an increase in bidders and more bids closer to engineers' estimates.
    Journal Construction Editor

    Image courtesy of Renton School District [enlarge]
    The Renton School District in May received three bids for its transportation center project. The low bid, by John Korsmo Construction, was about 10 percent below the engineer’s estimate of $9 million to $9.3 million.

    Not too long ago, the DJC was reporting about a lack of bidders on public projects. Many projects were getting just one or two bids, often significantly exceeding the engineer's estimate.

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