Airport - Extend Taxiway A Phase1 and Associated Drainage Improvements

The contract is for the extension of Taxiway A Phase 1 and associated drainage improvements at the Lebanon Municipal Airport. The project has a budget of $5,688,557, with the federal government providing $5,119,701 and the state and local governments providing $284,428 each. The contract has a duration of 4 years, and the vendor is responsible for completing the project without undue delay. The contract includes various conditions, such as the requirement for the vendor to comply with federal financial reporting requirements and payment requirements, and the prohibition on the use of federal funds for certain purposes. The contract also includes assurances from the airport sponsor, such as the agreement to comply with federal regulations and policies, and to provide a relocation assistance program for displaced persons. Some key points about this contract include: • The project aims to improve the airport's infrastructure and safety. • The contract has a significant budget, with the federal government providing the majority of the funding. • The vendor is responsible for completing the project within the specified timeframe. • The contract includes various conditions and assurances to ensure compliance with federal regulations and policies. • The project may have an impact on the local community, particularly in terms of job creation and economic growth.