Bridgeport rebids arena upgrade after prices run over $28M budget

“Yes, the initial bids came in over budget,” confirmed Thomas Gill, Bridgeport’s director of economic development. He declined to say by how much, arguing it would compromise the integrity of the second effort to solicit prices. Specifically the city wants to move forward with masonry, structural steel and extensive heating, ventilation and air conditioning improvements at the 10,000-seat arena, which opened in 2001. New bids are due April 4. Five years and $615,328 worth of city legal expenses later, in the summer of 2021 the City Council approved a settlement that would keep the Islanders skating at the arena for at least another 10 years. In exchange, Bridgeport was to invest as much as $28 million to return the venue to like-new condition. The city so far has set aside $15 million toward that goal.

https://www.ctpost.com/news/article/bridgeport-rebids-arena-upgrade-prices-run-28m-17826927.php?src=rdctpdensecp

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