MADISON (WKOW) - Governor Jim Doyle announced today the bids for the third round of road and bridge projects for the state came in nearly 5% lower than expected for a savings of about $5 million. Bids from April, May, and June came in about 7% lower than expected, which could save the state over $23 million this summer construction season. The funds for these projects come from the American Recovery and Reinvestment Act.
"For the third month in a row, we've received lower than expected bids," Governor Doyle said. "This is great news for taxpayers and provides the opportunity for additional projects to benefit from federal funding. Through the American Recovery and Reinvestment Act, we've already created a significant number of good, family-supporting jobs for contractors, general laborers, equipment operators, and many others. This next round of bids will put even more people to work this summer, providing the economic stimulus to lead the nation and state to economic recovery."
The total engineering estimate for the 25 state and local road and bridge projects let out for bid this week was $110,010,196.97. The low bids submitted totaled $105,425,475.81.
The May bids for 38 state and local road and bridge projects came in 11.66% lower than expected for a savings of over $10 million. The April 28th bids for the first 26 state and 19 local road and bridge projects in Wisconsin came in 7.2% lower than expected for a savings of $8,910,690.
State law calls for construction contracts to be awarded to the lowest responsible bidder. The Wisconsin Department of Transportation will review the bids for completeness and accuracy. Once comprehensive reviews have occurred, Governor Doyle executes and signs the contracts to allow work to begin.
The state intends to get construction activities underway on the state and local projects during this summer construction season.