Description
The City of Lynn is seeking bids from qualified pavement marking contractors for the installation of thermoplastic pavement markings on an as-needed basis. The contract has a maximum term of 3 years with options for extension, and the estimated annual spending is $354,575. The total estimated value of the contract is $1,063,725. The contractor must be prequalified by the Massachusetts Department of Transportation (MassDOT) with the class of work as Pavement Markings. The bids must be sealed and marked "Bid #03-664 Installation of Thermoplastic Pavement Markings" and submitted to the Purchasing Department at Lynn City Hall. Some key points to consider:
• The contract is on an as-needed basis and not associated with a specific project.
• The City reserves the right to extend the contract for two additional one-year options.
• The estimated annual spending is $354,575.
• The total estimated value of the contract is $1,063,725.
• MassDOT prequalification is required.
• Bids must be accompanied by a bid deposit of not less than 5% of the total bid price.