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  5. ›2020 Contract Street Maintenance - Asphalt Overlays

City of Grand Junction·Colorado

2020 Contract Street Maintenance - Asphalt Overlays

Rolling / TBD close$500k – $1.5MInvitation for Bid
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Description

The City of Grand Junction issued an Invitation for Bid for a multi‑million‑dollar street‑maintenance contract focused on asphalt overlay work. Two firms submitted bids, with Elam Construction, Inc. identified as the apparent low‑bidder at just under $2.92 M, and Oldcastle SW Group, Inc. (dba United Companies) bidding $3.19 M. The solicitation includes mandatory bid packages (contractor’s bid acknowledgment, addenda 1‑3, bid bond, addendum 3 price, and bid schedule) and was opened on 4 / 17 / 2020 at 3:30 pm. No submission deadline, award date, or project length were disclosed. • Scope: Asphalt overlay of municipal streets (street‑maintenance). • Estimated contract value: ≈ $3 million. • Competitors: Elam Construction, Inc. (low‑bidder) and Oldcastle SW Group, Inc. (second bidder). • Procurement contacts: Project Manager Eric Mocko; Buyer Duane Hoff Jr. (no direct contact details provided).

Attached files

Contact

Duane Hoff Jr.(Buyer)

Key dates

Opened
4/17/2020
Closes
Rolling / TBD

Last updated

Details

Type
Invitation for Bid
Industry
Construction
NAICS
237310
Solicitation №
IFB-4775-20-DH

Budget estimate

$500,000 – $1,500,000

The contract’s low bid is $2.92 M, indicating the total award is likely around $3 M. Assuming a subcontractor or joint‑venture partner could capture 15‑50 % of the work, a realistic earnings range would be roughly $500 k to $1.5 M, depending on scope depth, material costs, and profit margins.

AI estimate from the solicitation

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