Revisions to Construction Advertising Schedule
AUGUSTA - As the Maine Department of Transportation (MaineDOT) indicated last week, it is revising its Construction Advertising Schedule. This is part of MaineDOT's efforts to reconcile surging construction costs with available funding.
Last week, we announced that we were making a course correction. We rejected bids on three projects because the bids had greatly exceeded our anticipated costs. Since then, we have seen bids come in significantly higher: on average, about 30 percent higher than last year. Estimates had already been increased by 10 percent in January 2019.
