We hear a lot of generalities about concrete bids running substantially less than steel bids. Do you have any specific figures for an actual project?
The Concrete Industry Board of New York City compared nine bids from as many contractors on concrete frames and steel frames for the Woodrow Wilson Housing Project. The average of the nine bids ran $3,809,000 on concrete frames compared with $4,317,000 on steel frames--a difference of $508,000 or 13 percent in favor of concrete. The largest spread was $731,000 or 20 percent; the lowest $300,000 or 8 percent. All of the nine bids placed the cost of concrete below steel.