The city will bid a new contract each year and the cost will be determined at that time. After the deadline, an inventory of which sidewalks have and have not been repaired will be made. A list will be compiled and a bid will be solicited from contractors to repair those sidewalks. Depending on the lowest responsible bid received, the city will charge the property owner for the costs of making sidewalk repairs on their property. The current anticipated cost per panel of sidewalk ranges from $400 to $600. Many factors will determine this cost, such as the size of the project, material and labor costs and contractor availability.