Original source: Arizona Daily Star
Investment in transportation, sewer lines, flood control and other public-works projects boosted the local construction sector last fiscal year.
Pima County awarded more than $117M on 51 construction-related projects in the fiscal year ending June 30, county officials reported on Monday.
Those projects translated into about 1,280 jobs, county officials said in a news release.
Others include construction of the Downtown Court Complex, a countywide chip seal project, La Cholla Boulevard improvements, Orange Grove Road improvements, traffic signals, Kino Sports Complex soccer stadium work, historic preservation services, and work on the Southern Arizona Indoor Sports Center.
“In 2006, a year before the economy peaked, bids for projects over $1M came in an average of 5 percent higher than engineer estimates. In 2009, those bids had dropped to 70 percent of estimates. … Currently, bids are averaging about 92 percent of project estimates.”
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