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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.
Image courtesy of Renton School District
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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