https://www.cbc.ca/news/canada/manitoba/portage-main-construction-tender-budget-1.7370290
Cost of reopening Portage and Main to pedestrians rises by $8M
Only 1 construction company bid on work, which has tight completion timelines
Bartley Kives · CBC News · Posted: Nov 01, 2024 5:00 AM CDT | Last Updated: 9 hours ago
The cost of reopening Portage and Main to pedestrians will cost the City of Winnipeg $8 million more than it expected because the only construction company interested in the work bid higher than expected, the city's public works department says in a new report.
City council voted in March to reopen the intersection, which has been closed to above-ground pedestrian traffic for more than four decades. The city then sought a company capable of completing the work by July 1, 2025.
The sole bidder, M.D. Steele Construction Ltd., offered to do the work for $16.1 million, plus GST, engineering manager Brad Neirinck wrote in a report to council's public works committee.