Atlas General Contracting won a $10 million contract to build the Oklahoma City Thunder’s new practice facility in northeast Oklahoma City.
The city council approved the contract Tuesday, with the winning bid coming in at $10,009,000.
"We budgeted between $15 million and $16 million for the project,” City Manager Jim Couch said. "That’s really good news because our revenues are down, and this will help us fill that gap.”
City voters agreed last year to fund the practice facility and improvements to the Ford Center through a temporary sales tax as part of the package that lured the Thunder to relocate to Oklahoma City.
The practice site will be built near Britton Road and the Broadway Extension.
Couch said 11 companies submitted bids, and seven of the bids came in between $10 million and $10.5 million, a sign that competition kept the bids low.
Construction on the project should begin this month, Couch said.