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Pros and Cons <br /> The CIP Committee approved and recommended to Town Meeting funds for construction of a <br /> storage garage at DPW, Unfortunately, with the current robust construction climate,there was <br /> limited interest in the project. Rebidding the project for a 4th time would not guarantee a <br /> better bid amount and would potentially delay construction of the project for another year <br /> because of the lead time for materials and winter weather. <br /> With re--bidding of the project,the bid received was reduced by 14%though it is still in excess <br /> of the project funding. The CIP Committee will meet on July 17 to approve the increased <br /> project cost. The balance of the project costs would be paid through the Capital Improvement <br /> Bond. <br />