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CONTRACTREJECTED
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Low bidder Casper withdraws, forfeits bid bond

City of Crete logoCity of Crete
Disclosed value
Bid bond forfeited approximately $56,000; requested additional $82,000 above original bid
From minutes
Document date
May 15, 2026

The 30-second brief

What it covers

Casper, originally the low bidder on the Crete Airport Box Hangar project, withdrew after identifying a bid error and requesting an additional $82,000. The contractor declined to rebid following required design changes, resulting in the forfeiture of an approximately $56,000 bid bond and a 5% reduction in project cost.

Who holds it

CASPER holds this construction contract with City of Crete. Its other public contracts on record include work for City of Hoover and City of Bovey.

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Contract details

Contract type
Construction
Amount
Bid bond forfeited approximately $56,000; requested additional $82,000 above original bid
Document date
May 15, 2026
Vendor
CASPER
Agency
City of Crete
Source document
Crete Airport Advisory Board Minutes 2026-05-15 (Minutes)

CASPER's other public contracts

City of Hoover, AlabamaHoover Funds Casper Investigative Subscription · Sep 28, 2026City of Hoover, AlabamaHoover Proposes Additional Casper Subscription Funding · Sep 14, 2026City of Bovey, MinnesotaPark Watermain Bid from Casper Tabled by Council · Sep 2, 2026$96.9KCity of Crete, NebraskaLow Bidder Casper Withdraws From Hangar Project · Jul 6, 2026City of Bovey, MinnesotaEngineer Reports Casper Invoice For Street Repairs · Jul 1, 2026$47KAll CASPER contractsVendor profile

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Questions about this contract

Who was awarded the construction contract by City of Crete?

CASPER was awarded this construction contract by City of Crete, as recorded on May 15, 2026. The contract value is Bid bond forfeited approximately $56,000; requested additional $82,000 above original bid.

How much is the CASPER contract with City of Crete worth?

The CASPER contract with City of Crete is valued at Bid bond forfeited approximately $56,000; requested additional $82,000 above original bid, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Crete Airport Advisory Board Minutes 2026-05-15 (Minutes), dated May 15, 2026 from City of Crete. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does CASPER hold?

CASPER may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Crete currently buying?

Explore City of Crete's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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