Hancock Engineering Report on 5th Ave & Lake St Corridor Enhancements Bid Opening
Martam Construction corridor bid exceeds budget, rejected
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Description
Martam Construction, Inc. bid $4,665,568.80 for the 5th Avenue and Lake Street Business Corridor Enhancements, far above the project’s budget. The engineer has recommended rejecting this and all other bids and modifying the scope before re-bidding.
Contract Details
Contract Amount
$4,665,568.80
Vendor
MARTAM CONSTRUCTION INC
Agency
Maywood village, NE
Contract Type
CONSTRUCTION
Document Date
April 1, 2026
Renewal Info
Part of an initial bid solicitation recommended for blanket rejection and later re-advertisement after revising contract documents and scope.
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