HONOLULU (HawaiiNewsNow) - After the construction costs soared by 60 percent last year, rail officials said they now have a better handle on their spending.
"We feel pretty good about what we've seen today ... most of the bids were clustered at the low end," said Dan Grabauskas, CEO of the Honolulu Authority for Rapid Transportation
On Tuesday, rail officials unveiled the names of bidders vying to build the rail system's East Kapolei, UH West Oahu and Hoopili stations.
Estimates for the project were in the range of $65 million to $80 million and most companies that took part in the bidding were well in the lower range, including:
-- Hensel Phelps, which bid $67.2 million for the stations;
-- They were followed by Watt Constructors, whose proposal came in at $66.5 million;
-- Nan Inc. was the apparent low bidder at $56.5 million;