Davis H. Elliot Construction Co. of Lexington, KY, was the low bidder on a traffic signal renovation project in Follansbee, with a bid of $1,320,203.50.
The contract was one of 28 approved last week by the West Virginia Division of Highways.
Several factors are considered before awarding a bid, including whether a bid falls above or below the DOH engineer’s estimate and by what percentage.
In cases where a bid is above the engineer’s estimate, the DOH must consider the project need, repercussions of not awarding the project, additional funding sources, and whether sufficient reasons exist for the differences in estimates.
Most projects are reviewed, analyzed and awarded within a week of the bid letting, but the process can take longer.
When the Division of Highways has a project that is determined to be best constructed by a contractor, it is processed through the bid letting system. A letting is a scheduled opportunity for contractors to review and bid on several construction projects at one time.
Lettings are held either once or twice per month and conducted through the Bid Express System online at www.bidx.com and handled through the Contract Administration Division.