The project involves the replacement of a metal roof at McNeese State University in Lake Charles, Louisiana. The work includes all necessary materials, labor, and equipment to complete the project. The contractor will be required to furnish a performance bond in the amount of 100% of the contract amount. The project duration is 120 consecutive calendar days, and the contractor will be paid 95% of the contract price upon completion of the work. The remaining 5% will be paid after the owner issues a written acceptance of the work and the contractor furnishes a certificate from the Recorder of Mortgages that the contract is clear of any liens or privileges.
Key points to consider:
• The project requires a mandatory site visit, which can be arranged by contacting Richard Rhoden.
• The contractor must furnish a performance bond in the amount of 100% of the contract amount.
• The project duration is 120 consecutive calendar days.
• The contractor will be paid 95% of the contract price upon completion of the work.
• The remaining 5% will be paid after the owner issues a written acceptance of the work and the contractor furnishes a certificate from the Recorder of Mortgages that the contract is clear of any liens or privileges.
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