Imagine that. Per the Charlotte Observer:
The Charlotte Area Transit System is rejecting the only two bids it received to build the second phase of the Gold Line streetcar because both contractors exceeded the city’s budget for construction work – one by more than 30 percent and one by nearly 40 percent.
CATS said it plans to negotiate with the two construction firms – Conti Enterprise and Balfour Beatty Infrastructure – on a lower price so the 2.5-mile extension can move forward.
