The City of St. Petersburg has awarded a contract to National Water Main Cleaning Company for the SAN Annual Manhole Rehab project. The contract has an initial term of three years, with the option to renew for an additional two years. The contractor will be responsible for furnishing all materials and performing all work for the project, which includes the rehabilitation of manholes in the city's sewer system. The contract has a budget of $1,384,000, and the city will pay the contractor based on unit prices, which may be adjusted annually. The contract also includes provisions for liquidated damages in the event of delays. Key aspects of the contract include:
• The contractor is responsible for obtaining a Public Construction Bond for the first annual period of the initial term, and for each annual period thereafter.
• The city reserves the right to renew the contract for an additional two years, provided that the city and contractor mutually agree on the terms and conditions.
• The contract includes provisions for liquidated damages in the event of delays, with daily charges ranging from $500 to $4,000, depending on the amount of the field order.
• The city's obligations regarding funding are limited to an obligation to budget, appropriate, and pay from legally available funds, after monies for essential city services have been budgeted and appropriated.