Over the past couple of years, the township has seen costs rise for many of its public works projects due to the inflation increases, which began increasing to 40-year highs in 2021.Īs part of its information to the commissioners, township officials provided a chart showing the milling and paving costs over the past several years.Īccording to the chart, the prices have increased from a low price of $8.02 in 2018 to a high last year of 12.95 per square yard.Īlthough the total cost of $2.3 million is more than the township’s budgeted estimate of $1.5 million, the remaining money comes from the utility companies that have worked on township roadways. There were numerous bidders, and we did see a price decrease that’s promising, and hopefully, that trend will continue.” The City Avenue District - Bala Cynwyd Retail District (CAD-BCR) is intended to encourage higher-density, mixed- and multiple-use, pedestrian-oriented development, and more economically productive use of land parcels in the vicinity of City Avenue (U.S. That’s why we were happy when we opened the bids. “Last year, as you know, we had one bidder. “This year, we are very fortunate in that we had several bidders,” McElhaney said. According to McElhaney, last year, only one company put in a bid for the contract.
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