May 17, 2007
MacArthur Maze Repaired Before Memorial Day?
The San Francisco Chronicle reports that C.C. Myers' construction company claims that it will complete repairs some time next week on the span of freeway connector in the MacArthur Maze that melted away in a tanker-truck fire on April 29.
C.C. Myers made a lowball bid on the contract, apparently intending to cover its expenses by finishing well before the target date of June 27 and collecting the $5 million maximum incentive payment. The company bid $867,075 on the contract. Finishing any time on or before June 2 will earn the maximum incentive.
Caltrans' own engineers had estimated that the freeway repair would cost $5.2 million, and they had allocated $20 million for the project.
Wow. I'm impressed.
Posted by abostick at May 17, 2007 02:05 PMComments
