Arena Low Bid Price Revealed

Negotiations will start soon with the company expected to build the new arena at Kal Tire Place.

Vernon’s Recreation Service Director Doug Ross says VVI Construction of Kelowna had the low bid of 11.7 million dollars, and now they have to reach a final price.

“We have up to 60 days to negotiate, but I think both parties are motivated to reach an agreement much sooner than that,” Ross tells Kiss FM

Three other firms bid on the contract for the 400 seat arena, which Ross says could start to be constructed in mid April.

“The bid price (from VVI) was certainly in the range of what we were anticipating,” says Ross, who says the high bid was $13.3 million from Yellow Ridge Construction of Port Moody.

The plan is to have the new arena completed by the fall of 2018.

It’s being built at the north end of the existing facility.

Ross says the new 43 vehicle parking lot adjacent to 43rd Avenue should be completed April 7.