The Executive Council has approved more than $35 million in highway contracts for the Interstate 93 widening and construction of twin roundabouts in Pelham.
Separate contracts were awarded last week to two road building firms from New Hampshire, one a local company.
Continental Paving Inc. of Londonderry won the contract to build two roundabouts on Route 111A in the center of Pelham.
The council approved a $2.79 million deal with Continental.
The bulk of the roundabout work is expected to be done next year.
R.S. Audley Inc. of Bow landed the $32.9 million I-93 southbound mainline work through the Exit 3 area in Windham and Salem.
Both contracts came in below what Department of Transportation officials had projected for the work.
“With the economy the way it is, people are hungry for work,” said Paul Metcalf, district construction engineer for the DOT’s Bureau of Construction.
“It’s a common theme,” AAA Northern New England spokesman Pat Moody said. “With the economic downturn, people are sharpening their pencils when bidding on projects.”
Audley’s bid came in below the $38.6 million DOT anticipated.
“We got like a 14 percent break in our favor,” Metcalf said.
But the Pelham job also was favorable for the state. DOT projected the roundabouts costing about $3 million. Metcalf said Continental came in about 7 percent below that figure.
The I-93 project has a completion date of June 2016. The Pelham roundabouts are due to be finished in 2014.
Audley has previously had a hand in the I-93 widening, working to replace the Cross Street and Brookdale bridges in Salem and building the Exit 5 park-and-ride lot in Londonderry, deals with a combined value of about $20 million.