Peterson Contracting Ltd. of Williams Lake has been awarded the widening tender for South Lakeside Drive for a total amount of $1,808,243.
The amount excludes GST, however the city’s director of finance Pat Higgins said the city will be eligible for a GST rebate.
Originally it was estimated the project cost would be around $2,322,200, city engineer technologist Jeff Bernardy noted in a report to mayor and council.
“Therefore, the compliant low construction tender from Peterson Contracting Ltd. of $1,808,243.29 is well within expectation.”
It’s good news the project is under budget, Mayor Kerry Cook said.
There are still some other costs that need to finalized, such as acquiring a thin strip of private land for the widening of the road, but it’s a positive step forward, she explained.
“It’s a long overdue project.”
Peterson’s bid was one of four, but the only local one.
Other bids came from Dawson Construction Ltd. for $1,915,495, Big Rock Construction Ltd. for $1,996,395, and IDL Projects Company for $2,415,262.
The engineering construction services contract has been awarded to TRUE Consulting Group for a total of $110,000.
Coun. Surinderpal Rathor said he was “delighted” by the tender outcome.
“Hopefully it’s not only going to do the good work that council and the community wants done, but hopefully it will help the 2013 budget,” Rathor said.
Coun. Danica Hughes wondered if there had been any feedback from other local companies as to why they had not put in a bid, and heard from Rathor that most construction companies make work plans during Christmas time.