Bryant Co Wins City Paving Contract in Bid Saving
The city council awarded Bryant Pav ing company a 269275 dollar contract for 66 000 square yards of new asphalt paving and 50 600 square yards of resurfacing. Bryant agreed to use Burmudez natural lake asphalt cutting costs and remaining bids. Mayor A E Gnagy touted the low state bid as a major saving with prices 2 57 per square yard for asphaltic concrete and 2 70 for sheet asphalt.
MENTIONED IN THIS ARTICLE
Bryant Paving Company of
Waterloo
Miles Street
Burmudez
Ralp B. Slippy
Bryant Company
Trinidad
Burmidez
A. E. Gnagy
Waterloo asphalt paving wins city contract bid
L W Bryant of the Bryant company says the low price comes from using a permanent Waterloo plant. Council considered three bids from Bryant, Sieg Construction, and Dearborn Construction, ultimately voting 4 to 2 for all asphalt paving. Proponents argued standardized asphalt would lower upkeep costs and allow future self maintenance.
MENTIONED IN THIS ARTICLE
L. W. Bryant
Bryant Company
Waterloo
Sieg Construction Company
Dearborn Construction Company
C. 4. Howard
A. A. Zimmerman
Voto
Bond Proposal Rejected By City Officials
City officials unanimously rejected a bonding company proposal to issue bonds bearing 6 1-2 percent interest with 1 1-2 percent commission for expenses to fund payments to the contractor in cash. The decision halts planned financing and delays contractor payments pending alternative arrangements.
City council finds no price advantage in bonds bids
At the project's end the council notes none of the 13 bids offered a lower cash price than the 6 percent bonds. The comparison shows no savings or advantage in completing the work with bonds instead of cash payments, leading to a decision on how to proceed.
Bryant Paving Contract Secures Bond and May Start
A bond of $203,000 was required of the Bryant Paving company to guarantee completion of the contract according to specifications. Work is to begin not later than May 1, 1923.
MENTIONED IN THIS ARTICLE
Bryant Paving Company
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