University of Virginia Library

PHYSICAL EDUCATION AND CLASSROOM BUILDING

Dr. Combs reported that on July 11 bids were opened on the proposed Physical Education
and Classroom Building. Two bids were submitted. The base bid of Irons and Reynolds was $624,777
and the base bid of Graham Brothers was $654,800. Bids were previously opened on this project on
February 9, 1951. At that time the low base bid by Irons and Reynolds was $687,500. It will be
seen, therefore, that the low bid this time was $62,723 less than the low bid last February.

The following resolution was adopted:

RESOLVED by the Board of Visitors of The Rector and Visitors of the University of Virginia
that Mary Washington College be and is hereby authorized, subject to the Governor's approval,
to enter into a contract with Irons and Reynolds, the low bidder, including Alternate A, in the
amount of $622,869 for the construction of the proposed Physical Education and Classroom Building.
This bid has the approval of the architects, and in the opinion of the Board represents the lowest
and best bid on the project.

On motion the meeting was then adjourned.