The City of St. Petersburg has awarded a contract to Ric-Man Construction Florida, Inc. for the Downtown Water Main Replacement Program. The contract is for the design and construction of the water main replacement project, with an estimated construction cost budget of $36,450,000. The contract includes provisions for compensation, progress payments, and warranties. The City of St. Petersburg is responsible for reviewing and approving submissions, and the contractor is responsible for performing the work in accordance with the contract. The contract also includes provisions for termination, indemnification, and compliance with laws. Key aspects of the contract include:
• The contract is for the design and construction of the water main replacement project
• The estimated construction cost budget is $36,450,000
• The contract includes provisions for compensation, progress payments, and warranties
• The City of St. Petersburg is responsible for reviewing and approving submissions
• The contractor is responsible for performing the work in accordance with the contract
• The contract includes provisions for termination, indemnification, and compliance with laws