Original Hangar Low Bidder Casper Withdraws, Forfeits Bond
- Disclosed value
- about $56,000 (bid bond forfeited); requested additional $82,000
- From minutes
- Document date
- May 15, 2026
The 30-second brief
Casper, the original low bidder on the Crete Airport Box Hangar project, withdrew after claiming a bid error and requesting an additional $82,000, resulting in forfeiture of an approximately $56,000 bid bond and a 5% project cost reduction. The City is proceeding with the second-lowest bidder under existing FAA and state funding arrangements.
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
- about $56,000 (bid bond forfeited); requested additional $82,000
- 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
More City of Crete contracts
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 about $56,000 (bid bond forfeited); requested additional $82,000.
How much is the CASPER contract with City of Crete worth?
The CASPER contract with City of Crete is valued at about $56,000 (bid bond forfeited); requested additional $82,000, 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.