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  5. ›RIVERWALK SOUTH HANDRAIL REPAIRS

Awarded contract·City of Wilmington·North Carolina

RIVERWALK SOUTH HANDRAIL REPAIRS

$400kSingle Award
Contract source

Description

This municipal contract calls for the repair of existing aluminum handrails along Wilmington’s Riverwalk South segment (Nun Street to Dock Street). The work includes surface preparation, installation of new aluminum plates, and a shop‑applied protective coating system that must be sourced from a single manufacturer (Tnemec or approved equivalent) and meet a detailed suite of ASTM and MIL performance tests. Bidders must hold a valid North Carolina Chapter 87 contractor’s license, provide a 90‑day bid guarantee, and submit a good‑faith effort to subcontract at least 14 % of the contract value to minority‑ or disadvantaged‑owned businesses. The original bid deadline of August 8 2024 was extended to August 15 2024, with a pre‑bid conference held July 11 2024 (optional). No contract value is disclosed in the solicitation; the certified bid tab shows three competing bids ranging from roughly $350 k to $390 k. • Scope: aluminum handrail repair, new securing plates, and a three‑coat protective coating system. • Requirements: NC Chapter 87 license, 14 % MBE/DBE subcontracting goal, 90‑day bid guarantee, single‑source coating system, warranty inspections (1‑year post‑completion, 3‑year workmanship, 15‑year manufacturer). • Timeline: Pre‑bid conference July 11 2024; bid deadline August 15 2024; award pending.

Attached files

Key dates

Bids closed
8/15/2024
Contract modified
8/9/2024

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Construction
NAICS
238190
Solicitation №
RWSHR-SE-0824

Contract value

$400,000

The certified bid tab lists three competing bids with total amounts ranging from approximately $350,000 to $390,000. Since the bid tab reflects the full sum of line‑item amounts for each bidder, the contract award is likely to fall within this range. No budget ceiling is published, but municipal handrail repair projects of this size typically cost between $300k and $450k. Taking the median of the three bids (~$382,000) and allowing for modest negotiation adjustments, a reasonable ball‑park estimate for the contract value is about $400,000. Factors influencing this estimate include the extent of aluminum plate fabrication, the cost of the specified Tnemec coating system, labor rates for a licensed NC contractor, and the 14 % mandated DBE subcontracting effort.

AI estimate from the award documents

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