A sizable underestimation…

City sets aside $200,000; low bid comes in at $960,000.

For the past few years, we have been running stories that contained five words no demolition contractor ever wants to hear – “officials were delighted to learn” – as contract after contract came in below city or client estimates.

So it is pleasing to report for once a significant underestimation by a city or, perhaps, a sign that US demolition contractors have grown tired of working for nothing.

Evansville officials had set aside a $200,000 budget to fund the demolition of the old Roberts Stadium, together wit a further $220,000 to be raised via an equipment sale. So they were somewhat surprised when the low bid came in just below the $1 million mark.

City-County Building Authority director David Rector tells WFIE-TV that additional demolition requirements for turning the site into a park have been added since the $200,000 estimate was made.

A spokeswoman for Mayor Lloyd Winnecke tells the Evansville Courier & Press that he’s studying the bids before saying what he wants the city to do.

Read more here.