Title:
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BID REJECTION
SUBJECT: Rejection of Bid Received for the Bieber Lookout Road CR 419 and Bridge Street CR 417 SB-1 Rehabilitation Project.
FISCAL IMPACT: The amount of this bid is above the amount of SB1 funding budgeted for the project. Additionally, state revenue from Highway User Tax and Road Maintenance Rehabilitation Accounts is less than projected and would create a cash flow concern if the project were to move forward at this time.
ACTION REQUESTED: Reject bid submitted on April 20, 2023, for the Bieber Lookout Road CR 419 and Bridge Street CR 417 SB-1 Rehabilitation Project.
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