Loveland holds up bid award on I-25/US 34 interchange work
Efforts to improve safety at the Interstate 25/U.S. Highway 34 interchange hit another roadblock this week as the Loveland City Council continued negotiations with McWhinney over funding for the project, the Fort Collins Coloradoan reports.
During its regular Tuesday meeting, the City Council was asked to accept an $8.7 million bid from New Design Construction of Denver to begin safety improvements at the aged interchange.
Instead, the council steered clear of a vote on the bid until city officials and McWhinney representatives agree on the use of about $2.5 million left over since New Design’s proposal came in below the estimated $12 million cost for the project.
As part of a Master Finance Agreement between the city of Loveland and McWhinney, the development company is required to fund certain regional transportation projects.
Read the entire article at the Coloradoan.


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