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Cluster · estimate · FY 2024
Projected total cost for Nowthen's portion of the Rogers Lake Road Project based on received bids.
Not promoted to the official baseline.
This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.
Corroboration
1docs
Consensus
0%
Votes attached
0
Date range
2024-05-21 — 2024-05-21
Projected total cost for Nowthen's portion of the Rogers Lake Road Project based on received bids.
The bids were received in Ramsey on May 20th, 2024. Seven (7) bids were received and a combined project with the City of Ramsey. GMH Asphalt is the apparent low bidder with a number below the estimate presented at the first hearing. The new project estimate based on bids received for the Nowthen portion of the project is $570,000 which includes a $30,000 contingency. The original estimate the engineers prepared was $752,000.
Reasoning: This is a projected cost for the city's portion of a capital project, based on actual bids.