Board awards $4.77 million bid for Hot Springs Memorial Field taxiway project; FAA to cover 95%
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Summary
The board approved Resolution R-25-159 awarding a $4,770,271.90 contract to Redstone Construction Group Inc. for phase 2 of the taxiway A/B shift at Hot Springs Memorial Field. The FAA grant will cover 95% of the project; the state will contribute up to $250,000 and the local share is $115,655.
The Hot Springs Board of Directors voted to award the low bid for phase 2 of the taxiway A/B shift project at Hot Springs Memorial Field to Redstone Construction Group Inc. for $4,770,271.90, Airport Director Don Rowlett told the board.
Why it matters: This is the largest of three project phases and will be largely grant-funded; local streets and airport operations could be affected during construction.
Rowlett said the project is funded by a 95% Federal Aviation Administration grant; the Arkansas state grant program will contribute up to $250,000 of the remaining 5%, leaving a local contribution of $115,655. Based on the staff report, Redstone submitted the low bid and staff recommended awarding the contract to that firm.
The board approved Resolution R-25-159 by roll call. Director Holiday, Director Beard, Director Webb, Director Garcia, Director Trustee and Mayor Pat McCabe voted aye.
Discussion vs. decision: The board’s action was a formal contract award; staff presented the funding breakdown and recommended award, and no amendments to the contract or scope were proposed during the meeting.
Ending: With the resolution adopted, airport staff will proceed with procurement and pre-construction coordination with the FAA and the contractor; the resolution authorizes the award consistent with the funding plan described by staff.