Miami Officials Get Terminal Bids Three Times Too High
The beleaguered expansion of Miami International Airport’s north terminal suffered another setback this month when bids for two contracts came in far over budget. The mile-long terminal, originally estimated at $900 million, is now estimated to cost almost $1 billion more than that.
Five contracts were set to be awarded on a .75-mile-long stretch between concourses B and D. But Sacramento-based MCM Construction submitted the only bids for completion of the terminal shell and for finishes. Together, the bids came in $323 million over the estimate of $90 million for the two contracts.