The City of Concord, New Hampshire, is seeking bids for traffic signal improvements at the Centre/N State intersection and the N Main/Washington/Ferry intersection. The project includes the installation of new traffic signals and the modification of existing signals. The successful bidder will be required to furnish a performance bond and a separate payment bond, each in the amount of 100% of the contract price. Progress payments will be made on a monthly basis, with a retainage of 10% until the work is 50% complete.
• The project requires the installation of new traffic signals and the modification of existing signals.
• The successful bidder must provide a performance bond and a payment bond, each equal to 100% of the contract price.
• Progress payments will be made monthly, with a retainage of 10% until the work is 50% complete.
• The contract includes a two-year warranty period.
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