Lake County gets 4 bids for their fiber network

The Lake County News Chronicle reports

The Lake County Board of Commissioners learned four entities submitted bids for Lake Connections, the county’s municipal broadband project.

The initial bidding period ended Nov. 2 with Lake Partners, Hanson Communications, Mediacom Communications Corp. and Cooperative Light and Power (CLP) in Two Harbors submitting bids, along with a $100,000 deposit, for the network. They will have the opportunity to submit a “best and final offer,” according to the terms of the sale set by the county and the U.S. Department of Agriculture’s Rural Utilities Service (RUS).

The County received federal ARRA funding (loan ($56M) and grant ($10)) to build the network in 2010. After ups and downs that network was mostly completed in 2015. IN 2015, the County invested another $15 million and the FCC awarded a grant of $3.5 million.

The article continues…

In June 2017, the county entered into a deferral agreement with RUS for principal and interest on the condition the county sell the network to a private company or entity. Two months later, the county executed a memorandum of understanding with RUS in which RUS agreed to accept to the sale price of Lake Connections in full satisfaction of the county’s debt for construction of the network.

The county board is reviewing the bids, according to County Administrator Matt Huddleston, and specific bid information was not provided. Since there were fewer than five bids, Pinpoint Holdings Inc. in Cambridge, Neb., will also have a chance to make a final bid for the network.

In late July, Pinpoint offered $3.5 million for the network in an initial bid that set the baseline price for the network.

Two bidders, Mediacom and CLP, have conflicted with the network in the past.

The deadline for bids is Nov 29; the County is scheduled to make a decision on Dec 11.

This entry was posted in Community Networks, FTTH, Funding, MN, Vendors by Ann Treacy. Bookmark the permalink.

About Ann Treacy

I have a Master’s Degree in Library and Information Science. I have been interested or involved in providing access to information through the Internet since 1994, when I worked for Minnesota’s first Internet service provider. I am pleased to be a part of the Blandin on Broadband Team. I also work with MN Coalition on Government Information, Minnesota Rural Partners, and the American Society for Information Science and Technology.

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