| 117th Year, 9th Issue | Thursday, October 6, 2005 | Sparta, North Carolina |
The Alleghany Commissioners are facing a shortfall of $72,000 to $99,609, after bids on the Alleghany County Courthouse came in higher than expected, as discussed during a Sept. 30 called meeting. Commissioner Graylen Blevins was absent.
According to a document submitted to the members of the commission by Alleghany County Manager Don Adams, the county had budgeted $281,000 to pay the debt service on the administration building and courthouse renovations He noted the debt service for the 2005-06 fiscal year was $152,132, leaving $128,868 for debt payments on the courthouse.
A list of alternatives, from upgrades on windows, carpet, as well as propane tanks, piping and ductwork, are anticipated to be done on the courthouse.
According to information provided by Frank Randel of Hemphill and Associates of Charlotte to Adams, Vannoy Construction of Jefferson submitted a $1,552,360 bid for the base project.
Adding on the cost of 10 percent continency ($155,236) and architectural fees of $99,000, the total cost of the project will be $1,806,598.
In this scenario, “The debt payments for the first year on a $1,806,598 loan for a term of 15 years at 4.5 percent interest will be approximately $201,737,” County Manager Don Adams stated in a document given to the commission. “This is $72,000 more than what was planned.” However, if the base bid and all the alternatives are accepted, the new total base bid will be $1,770,043. Adding in a 10 percent contingency ($177,005) and $99,000 architectural fees, the total cost of the project would be $2,046,048. Adams noted, in this scenario, “the debt payments for the first year on a $2,046,048 loan for a term of 15 years at 4.5 percent interest will be approximately $228,477. This is $99,609 more than what was planned.”
Other bidders on the project are Dave’s Construction of Eden, with a $1,798,055 base bid and $2,034,455 bid including alternatives; and Streamline of Mooresville, submitted a $1,761,960 base bid and $2,067,860 including all alternatives.
According to the document presented by Adams on courthouse renovations, Vannoy’s bids on the alternatives range from $1,232 to $82,540; while Dave’s Construction’s bids range from $1,500 to $89,000. Streamline’s bids range from $1,500 to $99,000.
During the meeting, Adams asked the architect what caused the bids to
be above estimates.
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