CONTRACTREJECTED

Original Hangar Low Bidder Casper Withdraws, Forfeits Bond

City of Crete logoCity of Crete
Disclosed value
about $56,000 (bid bond forfeited); requested additional $82,000
From minutes
Document date
May 15, 2026

The 30-second brief

What it covers

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.

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
about $56,000 (bid bond forfeited); requested additional $82,000
Document date
May 15, 2026
Vendor
CASPER
Source document
Crete Airport Advisory Board Minutes 2026-05-15 (Minutes)

CASPER's other public contracts

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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 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.

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