The City of Fredericton has canceled one of its 2015 paving projects in order to meet its resurfacing program budget, reports The Daily Gleaner.
According to the news report, Hogan Paving Ltd.’s asphalt tender of $2.36 million was significantly higher than the engineer’s $2.18 million estimate.
Finance Committee Chair Bruce Grandy told the city council that New Brunswick’s large capital budget had created a lot of work for paving companies, increasing the price of asphalt.
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