- Associated Press - Wednesday, September 2, 2015

MEDFORD, Ore. (AP) - Medford is considering borrowing funds or delaying or scaling back new police and fire stations because the project is about $6 million over budget.

The Mail Tribune reports (https://bit.ly/1KqstsG ) that the project for three fire stations and a police headquarters began with a contentious bidding process in 2013 to develop a guaranteed maximum price, but now the City Council is looking at $5 million more than estimated for both stations and another $900,000 for a parking garage facade.

The project contractor says the added cost is because bids from subcontractors were higher than expected.

For both projects, the city has about $32.6 million in bond proceeds available, the guaranteed maximum price for both projects now is more than $37.8 million.

The City Council will discuss how to solve the budget overrun Thursday.

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Information from: Mail Tribune, https://www.mailtribune.com/


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