School board to decide on how to spend extra money by August 12
A competitive bidding market has helped the Alta School District's elementary addition project come in below its projected budget, news which will give the district additional money that could be used for a variety of extra projects, including the possible addition of two new classrooms on the building.
Alta Superintendent Fred Maharry and members of the Alta school board met with project manager Steve Telford, architect Vitus Bering and Larry Gilbert of Septagon Construction in a special meeting Wednesday originally designated as a time to review and accept bids on the project.
However, the meeting soon turned to discussions over how best to use the extra money that will be available to the district, and Bering said those at Alta should feel good about the current financial circumstances surrounding the project.
"We were very fortunate to have a very competitive bid market right now," Bering said. "Where you are right now is a great place to be, because you're right at the number that was figured beforehand, and with the extra money that you will have from the matching funds and contingency money, you have some good options in front of you."
"We've found that bidding is extremely tight around here right now, and that has really worked in your favor in this situation," Gilbert said. "People want to have work to do, so they're giving you the best bid they can."
Gilbert said the final budget for the expansion will total $3,517,000, a number considerably less than the $3.7 million figure expected before the bidding process began. That total includes a $3.4 million bond, at least $125,000 accumulated through fundraising by the district, another $125,000 in matching funds from the city of Alta and $130,000 in contingency money.
Now, money not used for budgetary purposes could be targeted for any number of uses, including potential upgrades to the existing elementary and secondary schools, a fitness center or the two additional classrooms.
Maharry said any decision on how to spend the extra money will be made by the school board before its next regular board meeting on Monday, Aug. 12.
Board members did approve the following recommendations for bids on the project on Monday:
* Iowa Prestressed Concrete - $165,000
* Northwest Steel Erectors - $267,239
* Burke Engineering & Sales Company - $52,295
* Hasselhoff Construction - $355,000
* Hasselhoff Construction - $140,100
* Midwestern Mechanical, Inc. - $99,850
* Norwood Electric - $193,480
* Bodholdt Brothers - $184,436
A number of bids on different phases of the project had not yet been qualified by Monday afternoon. Board members will be approving bids concerning those various parts of the endeavor over the course of the next few weeks.
Cherokee-based Schoon Construction has completed Phase I groundwork and land preparation at the site, located south of the present elementary school. Phase II work will start early next month.