Jeff Badders of SchenkelShultz told the Jay County Commissioners this morning that environmental work on the expansion site at the corner of Ship and Main streets was "all good" and set tentative dates to bid the construction, which is estimated to cost around $6.5 million.
The target date for submittal of bids will be June 8, with plans to be available to contractors around May 14.
Badders plans to hold a pre-bid conference May 27 to handle any questions potential bidders may have.
went through a few requirements with the commissioners, including two separate bonds that bidders must be able to post if they win the project.
Contractors will have to field a 5 percent bid bond, which Badders
called "pretty standard."
That bond would help the commissioners recoup money if the winning bidder is unable to handle the job and the county would need to move on to another firm.
The contract will also include a 110 percent bond that would cover performance, labor and materials.
While usually 100 percent of the construction cost, Badders
bumped it up to 110 percent to be safe, since contractors are so hungry for work.
"We''re probably more at risk with the low bidder right now," he
Since companies are offering cutthroat rates, Badders
said the additional money would help protect the county in the event of mistakes made by potentially less-experienced contractors who may win the project by severely undercutting the competition.
Once the bids are received, the county will have to secure public financing to cover the total $10.25 million expansion.
"We''ll hold the bids for 90 days," Badders
"That will give you time to go out and get your bonds."
The commissioners told Badders that the dates looked good at first glance, and county auditor Nancy Culy will take care of necessary advertisements.