4143 CMT Building at Arrowhead Park

The contract is for the construction of the 4143 CMT Building at Arrowhead Park, a 13,900 sq. ft. business (higher education) occupancy project. The project includes a structural system with concrete foundations, a light steel structural frame, and exterior walls with insulated metal stud framing and an EIFS finish. The contract also includes interior construction, roofing, and landscaping. The successful bidder is required to provide a 5% bid bond and must comply with various laws and regulations, including the New Mexico Public Works Apprenticeship and Training Act and the Workers' Compensation Act. The contract has a duration of 450 calendar days and a liquidated damages clause of $1,000 per day. • The project has a base bid price and seven alternate bids for various components, including an isolated sound stage concrete slab, wood floor at stage 114, mill area concrete paving and parking area asphalt paving, and security fencing and automatic gates. • The contract requires the contractor to provide a performance and payment bond if the subcontractor's work exceeds $125,000. • The contractor must also comply with the Subcontractors Fair Practice Act and provide a listing of subcontractors to be used on the project. • The contract includes a standard form of agreement and requires the contractor to execute the agreement without changes, except for completing any blanks required as a result of the award of the bid.