Convention center bids under budgetPublished: Monday, April 30, 2018 By: Brian Brus Source: The Journal Record
The list of alternate additions to the new MAPS 3 convention center falls well within the budget leeway provided by low bids for the main project, City Hall records show.
Of three base bids, Tulsa-based Flintco LLC submitted the lowest at $160.2 million for the project, about $34 million under budget. Both JE Dunn Construction and Archer Western Construction also came in under budget for the base project at $162.8 million and $166.7 million, respectively.
The project’s list of alternates, which include items such as exhibit hall partitions and a connector bridge to a hotel, were expected to cost a total of $14.3 million, which is why they were separated from the base bid to allow for a tight budget. All three companies’ alternate bids were below that price as well.
The convention center is part of a complex worth more than $500 million that will include a hotel developed by Omni Hotels & Resorts and an 865-space parking garage. City officials said the low bids suggest work can begin soon, leading to a grand opening in mid-2020.
The convention center, at 200,0000 square feet, is expected to boost Oklahoma City’s premier convention center space to the next competitive tier to attract bigger events and more tax-generating tourists. The building will include a 30,000-square-foot ballroom overlooking a 70-acre park also part of the Metropolitan Area Maps sales tax.
The plan was prepared by Populous and GSB Inc. after years of discussions and committee meetings. The building will be constructed on S. Robinson Avenue just south of Chesapeake Energy Arena.
Assuming the offers are approved by staff, a construction contract will be drawn up, approved by the Citizens Advisory Board and City Council and presented to the winning company June 6. Construction will begin shortly thereafter, to be finished within 24 months. An early completion incentive of $5,000 per day will be part of the contract.