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RE: KWA

Roger, the county opened the bids today for the KWA intake construction in Lake Huron. The low bid, from a "very reputable" contractor came in at $24,622,000, about $3,000,000 less than the Tucker Young estimate in the study they did for Treasury. The County authorized the borrowing up up to $35,000,000 for the project. It is now estimated that the total cost with engineering, legal and contingencies will be less than $31,000,000. Good news for KWA and the county. Just as an aside, four of the five bids were less than the Tucker Young projection. Ed 10 xxxEND_PAGE:treasury01_b06_0561_0924_178 Lamphier, Wendy (Ti reasury)