PROVIDENCE, R.I. (AP) A Rhode Island company has submitted the lowest bid to build a new bridge over the Sakonnet River.

The Rhode Island Department of Transportation opened bids Jan. 21 it received over the last few weeks. Cardi Corp., the only Ocean State company to compete, submitted the low $163.7 million bid to replace the rusting steel bridge.

Officials said the contract is the department’s biggest when measured in dollars.

The bridge connects Tiverton to Aquidneck Island and is a vital link between southern Rhode Island and southeastern Massachusetts. It is part of a much larger $600 million Interstate 195 relocation project.

The agency’s chief engineer, Kazem Farhoumand, told The Providence Journal that the goal is to award a construction contract in April and complete the project in 2012.

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