A lesson in low bidding…

Huge bid spread marks Huey Elementary School contract.

It’s less than 24 hours since we highlighted concerns that continued low bidding could undermine a US economic recovery and have a negative impact on jobs. But according to a Wichita Falls newspaper, that concern had clearly not filtered down to Total Demolition and moany of the other bidders in the frame to demolish the former Huey Elementary School.

The demolition job that was budgeted for $140,000 will actually cost $84,000 — the best price out of 12 bids offered on the job. Because the price came in under $100,000, WFISD board members didn’t need to approve it, but were simply made aware in Monday’s regularly scheduled board meeting that the job was going to a De Valla, Texas, company called Total Demolition, Inc.

Bids offered by other companies from Wichita Falls to Houston ranged from $87,425 to $284,000 — a large spread that showed some companies were definitely more interested in the job than others, according to Richard Ward, bond projects coordinator.

Three bids came in under $100,000 and three bids ran over $200,000, with all the rest falling somewhere in between.

Read the full story here.