TRC attempts to explain how its demolition bid halved in price
DemolitionNews has learned that TRC Environmental, the company at the eye of the storm over the bid/re-bid at the Austin’s Holly Street power plant had attemtped to allay the fears of city officials as recently as last week.
According to Austin News, TRC sent the council a letter explaining why their latest bid for the project (which they had previously won at $24 million) had fallen to less than $12 million.
TRC wrote that the price difference was mainly due to a change in the market price for material which they would salvage from the plant. TRC also said they found a $3 million savings by using another way to remove non-asbestos material from the plant.
Martinez said he is satisfied with TRC’s answers but said there are still more questions that need to be answered.
The council was scheduled to vote on the item Thursday at its regular meeting, but Wednesday the vote was postponed to May 12.
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