Cost of Major Shefield Utility System Improvement Project Has Increased

THE COST OF A MAJOR SHEFFIELD UTILITIES SYSTEM IMPROVEMENT PROJECT HAS INCREASED 30%, OFFICIALS SAID WEDNESDAY.  IN 2021, THE CITY RECEIVED A $4,372,355 GRANT FROM THE U.S. ECONOMIC DEVELOPMENT ADMINISTRATION TO REMOVE AND RELOCATE A 38-INCH SEWER LINE THAT RUNS ALONG THE TENNESSEE RIVER BLUFFS AND AROUND THE WATERLINE NEAR RIVERFRONT PARK.WITH A $1.4 MILLION MATCH FROM SHEFFIELD UTILITIES, THE INITIAL ESTIMATED COST OF THE PROJECT WAS $5,763,500. ACCORDING TO SHEFFIELD UTILITIES GENERAL MANAGER STEVE HARGRAVE WHEN BIDS STARTED COMING IN THEY WERE MUCH HIGHER THAN COST ESTIMATES. HARGROVE STATED THAT THE NEW ESTIMATED COST IS NOW $7.5 MILLION AND THEY HAVE WENT BACK AND ASKED THE EDA FOR MORE MONEY. THEY HOPES TO HAVE THE CONSTRUCTION PLANS UTILITY CONSTRUCTION EASEMENTS AND PERMITS IN PLACE BY FEBRURAY. THE PROJECT IS SCHEDULED TO BE COMPLETED IN 2025.

NEWS