Awarding the Bid
On March 19th the BIRHC announced that Beaver Gems (Robert Gillespie) had the low bid of $1,215,465 for the new medical building–$12,235 under the next lowest bid and would be given the contract. But first some adjustments would be made in the specifications. The contractor suggested eleven reductions, ranging from changing the brand of doors to redesigning the septic system to eliminating the paving. These changes would save $100,900. But he also suggested that the cedar shakes and other exterior wood surfaces be stained instead of left to the weather, and that concrete slabs be added to both the front and back entry areas. The Board will consider these ideas.
The total cost would include adding “high tech” wiring (~$10,000), the providing of a power line to the east edge of the property (~$5,000), and the paying of the architect's fee ($71,000) and travel and drawings expense ($15,300.) Plus, a $40,000 contingency was left in the budget. Finally, there would be other costs that could not yet be determined, such as for window treatments, signage, and a propane line–these might all fall within the contingency amount.
Thus the final cost is expected to be around $1,255,800 surprisingly, under the architect's predicted $1,300,000. The difference between the final cost and the State Grant will be set aside, with the interest it earns available to help with operating costs. The principle could be used for additional construction in a second stage or become the anchor for an endowment fund.
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