Sacramento Nixes Competitive Bids For $447M Arena

Law360, New York (December 11, 2013, 1:26 PM EST) -- In an effort to push forward the $447 million Sacramento Kings arena development and meet certain deadlines, the Sacramento City Council voted Tuesday night to free the public-private project from rules that require a competitive bid process to select contractors.

In a 7-2 vote, councillors approved a motion to suspend competitive bidding and exempt the entertainment and sports center project from city rules so that it wouldn't have to go through a formal process that could delay the project, which aims to be complete by 2017....
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