Bids begin to roll in for N.C. stimulus projects
Posted March 17, 2009
Raleigh, N.C. — The state Department of Transportation on Tuesday released a list of bids for the first round of highway projects to be funded with federal stimulus money.
Of the 10 stimulus projects open for bid, only one will affect Triangle drivers.
Yates Construction Co., Inc. bid $13.5 million to widen Mebane Street between Huffman Mill Road and N.C. Highway 54 (Chapel Hill Road) in Burlington.
The bid was 15 percent below the initial estimate for the project.
Six other companies also bid on the project, at costs of up to $15.9 million, but Yates was the low bidder.
Gov. Bev Perdue has announced a list of 70 highway and bridge projects to be paid for by the stimulus. Tuesday's bids were the first step in getting those projects started.