Venture 13 Tenders come in Lower than Estimate

The Venture 13 project to house several entities in Cobourg was approved by Council in May 2017 and a progress report was presented on 20 November 2017 (details at links below).  Tenders were issued for the work on October 24 with a closing date of November 16 – later extended to November 29.  The construction costs for part 1 and 2 of the project were estimated at $1,263,534 for part 1 and $657,635 for part 2 for a total of $1,921,169.  But the lowest cost tender from Dalren Ltd. was $1,520,000 for both part 1 and part 2 – this tender was “found to be complete and the contractor is known to the Town as a contractor that carries out good… Read complete articleVenture 13 Tenders come in Lower than Estimate