Jesco has won the bid to complete the Mississippi Department of Transportation's District 1 headquarters in Tupelo.
Construction of the 34,000-square foot building was halted in January after the previous contractor, DC&M of Bay St. Louis, filed for bankruptcy.
That left the building only 20 percent complete, with an original completion date of July.
District 1 Engineer Bill Jamieson said MDOT and the bonding company still have some details to hash over, but hopes construction can resume in the next few weeks.
Indeed, Jerry Maxcy, senior vice president of Jesco – which has offices in Tupelo and Fulton – said work could begin by the end of the month or the first of June.
"Then we're looking at 11 months to finish construction," he said.
MDOT's original estimate for the new building was $7.2 million, but DC&M won with a low bid of $5.1 million.
The bonding company was responsible for finding a new contractor, and is responsible for paying the difference between the original bid and what it takes to finish the project.
Maxcy said the structure looks to be in pretty good shape, and working with some of the existing subcontractors will expedite the startup of construction.
Read more in Thursday's Daily Journal.