Description
The City of Holly Springs is seeking bids for the 2026 LMIG & Asphalt Resurfacing Project, which involves approximately 1.25 miles of asphalt patching, resurfacing, and striping on 5 City Streets. The project is expected to take place in June and/or July 2026, and the successful bidder will be required to furnish a performance bond for 100% of the contract amount and a payment bond for 100% of the contract amount. The bid submission deadline is June 5, 2026, at 10:00 AM ET. Key aspects of the project include:
• Asphalt patching, resurfacing, and striping on 5 City Streets
• Project duration: 30 consecutive days from the date specified in the Notice to Proceed
• Liquidated damages: $300 per calendar day for non-completion beyond the agreed-upon contract completion date
• Bid bond: 5% of the total amount payable by the terms of the contract
• Performance bond: 100% of the contract amount
• Payment bond: 100% of the contract amount