OCR Text |
Show MUCH LOWER BIDS ARE MADE According to Reports to Bureau of Public Roads Prices Will Be Greatly Reduced. Early bids for the construction of federal-aid roads indicate that prices during the coming season will be materially mate-rially lower than last season, according accord-ing to reports received by the bureau of public roads of the United States Department of Agriculture. While bids have not been received on any large volume of work, there Is, however, how-ever, enough to Indicate a lower level of prices. Grading has been bid at 20, 23 and 30 cents a cubic yard In Missouri, Arkansas Ar-kansas and Minnesota, respectively, as compared with an average of 35 cents for the section In which these states are located In 1921. Prices of reinforcing steel in place range around 6 cents as compared with the 1921 price of 8 or 9 cents, and bridge steel at 4 cents against 7 to 8 cents. A few bids, for the best grade of concrete, of about $17 a cubic yard have been received In sections where the 1921 price was about $25 a cubic yard. Prices bid for the construction of concrete roads per square yard are as follows: Ohio, $1.52; Colorado, $2.27, and Georgia, $1.38, as compared with an average for the whole country during dur-ing the period 191G-1920 of $2.57 a square yard. |