Description
The project involves the addition and renovation of the Facilities and Maintenance Building for McNeese State University in Lake Charles, Louisiana. The work includes all labor, materials, tools, and facilities required for the completion of the project. The contractor must be licensed under LA R.S. 37:2150-2163 for building construction. The project duration is 270 consecutive calendar days, and the contractor must complete the work within this timeframe or pay liquidated damages of $250 per calendar day. The contractor will be required to furnish a performance bond in the amount of 100% of the contract amount. The payment schedule will be based on the contract price, with 95% of the value of labor and materials incorporated into the work paid on or about the first day of each month.
* Key aspects of the project:
* Addition and renovation of the Facilities and Maintenance Building
* Licensed contractor required under LA R.S. 37:2150-2163 for building construction
* Project duration: 270 consecutive calendar days
* Liquidated damages: $250 per calendar day for failure to complete the project on time
* Performance bond: 100% of the contract amount
* Payment schedule: 95% of the contract price paid on or about the first day of each month