Another day, another round of low bids on a US demolition contract.
For fear of appearing to be overly critical of US contractors’ pricing policies amidst the current recession, I shall post the following article from pressofatlanticcity.com without comment. I will allow readers to make up their own minds over whether this is a sign of an industry in good health:
“…When Millville sent the demolition of a blighted apartment complex out to bid, officials used comparable construction projects from the past few years to determine what they thought it should cost.
The city engineering department settled on an estimate of about $588,000 for clearing the 6-acre site and its 53 housing units. In all, 20 different companies submitted applications for the work.
Most contractors didn’t agree.
Assistant City Engineer Rich Jones said Tuesday that 15 of those applications came in under the city’s estimate. And not just a little under, either. Many of the bids came in well below the $500,000 mark, with two bids coming in at less than $300,000….”
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