Title
Approval to award bid for Crossville Memorial Airport renovations and addition
Body
SUMMARY: On March 16, 2023 bids were received for the Crossville Memorial Airport renovations and addition. There were two bidders. Stubbs Construction was the low bidder in the amount of $916,450.00. FTM Contracting also submitted a bid in the amount of $1,039,000.00. Staff recommends awarding the bid to Stubbs Construction. This amount is over budget; however, TDOT Aeronautics is going to contribute the additional funds through a revision of the current grant already approved.
BUDGET ACCOUNT: 110-52500-930-015
Recommended Action
NECESSARY COUNCIL ACTION: Award the bid