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Wednesday, Dec 7, 2022
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County, cities benefit as contractors hit by slump bid low for public jobs

Construction companies rocked by the housing meltdown are sharpening their pencils and lowering their bids to win government contracts, resulting in multimillion-dollar savings for local public agencies. It means additional projects are getting done sooner than expected, according to several area public works directors. But there are consequences. Contractors from all over Southern California are bidding on Ventura County projects, with some beating out local construction companies. For the full story visit http://www.venturacountystar.com/news/2008/jul/11/public-works-budgets-go-further-housing-woes-an/

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