Message Board Basketball Forum - InsideHoops

Go Back   Message Board Basketball Forum - InsideHoops > NBA Team Forums > New Orleans Pelicans Forum

New Orleans Pelicans Forum New Orleans Pelicans message board - New Orleans Pelicans Forum

Thread Tools
Old 03-20-2013, 07:00 PM   #1
insidehoops's Avatar
Join Date: Jun 2006
Posts: 12,299
Default New arena in New Orleans, maybe?

While there could still be considerable opposition from a construction company that lost out on a renovation bid for the New Orleans Arena, the Louisiana Stadium and Exposition District board of directors voted Wednesday to award the contract.

LSED members voted during their regularly scheduled meeting at the Mercedes-Benz Superdome to stick with the original decision to award the $50 million renovation bid to Citadel Builders. The McDonnel Group, which lost out in the bidding, has threatened to file a lawsuit because Citadel Builders did not submit an audited financial statement, which The McDonnel Group understood the guidelines for submitting a bid required.

It seems there may be a difference in interpretation of the requirement to provide an audited financial statement. LSED members believe the language in the guidelines allows them to decide at their discretion whether a bidder divulges its audited financial statement.

-- New Orleans Times-Picayune
insidehoops is offline   Reply With Quote
This NBA Basketball News Website Sponsored by:

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

All times are GMT -4. The time now is 09:32 PM.

NBA Basketball Forum Key Links:
InsideHoops Home
NBA Rumors
Basketball Blog
NBA Daily Recaps
NBA Videos
Fantasy Basketball
NBA Mock Draft
NBA Free Agents
All-Star Weekend
High School Basketball
InsideHoops Twitter
Search Our Site

Powered by vBulletin Version 3.5.4
Copyright ©2000 - 2015, Jelsoft Enterprises Ltd. Terms of Use/Service | Privacy Policy