LID 55

This municipal contract concerns the reconstruction of seven city blocks in Rexburg, Idaho, under Local Improvement District 55 (LID 55). The scope includes full roadway reconstruction, curb‑and‑gutter replacement, sidewalk installation, minor water‑work, and new sanitary and storm sewer lines. The city issued an open competitive bid, received proposals by May 5 2026, and awarded the contract to JM Concrete for approximately $3.3 million. The contract requires a 5 % bid bond, 100 % performance and payment bonds, and imposes liquidated damages of $500 per day for delays beyond the substantial‑completion deadline of October 16 2026. The project is governed by Idaho public‑works regulations, includes detailed technical specifications (e.g., geotextile fabric, soft‑spot remediation, SWPPP compliance), and mandates standard municipal contract forms. • Scope: roadway, curb‑gutter, sidewalks, sanitary & storm sewer, water‑service upgrades across seven blocks. • Procurement: full and open competition; bid deadline May 5 2026; award to JM Concrete. • Key contract terms: 5 % bid bond, 100 % performance/payment bonds, 5 % retainage, $500/day liquidated damages, substantial completion by 16 Oct 2026. • Estimated contract value: $3,294,540 (award amount). • Location: Rexburg, Idaho (City Hall address 35 N 1st East).