When America sneezes…

Dundee City Council celebrate as bids come in lower than expected.

For the past few months, Demolition News has been reporting the gradual erosion of bid prices Stateside. Well, as the old adage goes, when America sneezes, the rest of the world catches cold. So it comes as no surprise to learn that Dundee City Council has awarded the contract to demolish three tower blocks in Menzieshill at a lower-than-expected price.

In truth, the winning bid from Safedem Ltd is only just shy of the £1 million benchmark price the council had set in place (Safedem’s bid price was £565,000 but post demolition treatment of the site, allowances and fees will bring the total cost up to £973,000).

“I know that is cheaper than we expected because of the effects of the economic downturn on the industry,” says housing convener Jimmy Black.

Read the full story here.