Arena Low Bid Price Revealed

Vernon, BC, Canada / 1075 KISS FM Pete McIntyre March 24, 2017 03:33 pm
Negotiations will start soon with the company expected to build the new arena at Kal Tire Place. Vernon’s Recreation Service Director Doug Ross says VVI Construction of Kelowna had the low bid of 11.7 million dollars, and now they have to reach a final price. “We have up to 60 days to negotiate, but I think both parties are motivated to reach an agreement much sooner than that,” Ross tells Kiss FM Three other firms bid on the contract for the 400 seat arena, which Ross says could start to be constructed in mid April. “The bid price (from VVI) was certainly in the range of what we were anticipating,” says Ross, who says the high bid was $13.3 million from Yellow Ridge Construction of Port Moody. The plan is to have the new arena completed by the fall of 2018. It’s being built at the north end of the existing facility. Ross says the new 43 vehicle parking lot adjacent to 43rd Avenue should be completed April 7.
=========
P.125 https://www.vernon.ca/sites/default/files/docs/meetings/agendas/170327_reg.pdf
RECREATION SERVICES Kal Tire Place Expansion Project
The project to expand Kal Tire Place is moving forward on schedule. The phase of the project to create a new parking area at the south end of the existing facility along 43rdAvenue was started ahead of schedule and is targeting a completion date of April 7 subject to weather conditions. In order to accommodate the parking lot, some trees were removed and some will be relocated on site and will form part of new landscaping. On March 10 the public tender opening was held and four bids were received. After verifying  the bids, it was determined that all bids qualified to be considered. VVI Construction Ltd of Kelowna was identified as the low bidder at $11,776,891. Negotiations with VVI are currently underway. Although the two parties have sixty (60) days to negotiate a contract, it is anticipated that the negotiations will be completed in a shorter time period and that construction could start as early as mid-April.