Bids on Colorado's first road and bridge projects, paid for with money from the federal stimulus package, are being opened Thursday morning at the Colorado Department of Transportation.
The agency announced it was seeking bids on six projects — five paving projects and a bridge project — on March 26, barely a month after President Barack Obama signed the federal stimulus package, formally called the American Recovery and Reinvestment Act, at the Denver Museum of Nature & Science.
Construction company executives have said they expect bidding for CDOT's stimulus package projects to be fierce, as the recession has sapped the amount of work available in the private sector.
Construction companies in Colorado have laid of thousands of employees in a bid to stay in business until the economy recovers.
Colorado is expected to get about $403 million for road and bridge projects across the state, with some of the work handled by CDOT, and other contracts being overseen by local and county governments business card templates free.
The five projects up for bid on Thursday are:
Bids for the sixth project, for bridge repair, will be opened later in April.
Check back with DenverBusinessJournal.com for more on this developing story.
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