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  5. ›Geokon License Agreement (Geotechnical Monitor on city…

Awarded contract·City of Lebanon, New Hampshire·New Hampshire

Geokon License Agreement (Geotechnical Monitor on city drain Spencer St & Mahan St ROW)

Won by Geokon$50kSingle Award
Contract source

Awarded vendors

  • Geokon

Description

The City of Lebanon, New Hampshire, has entered into a license agreement with Geokon to install an experimental geotechnical monitor on a city drain structure cover located within the Spencer Street ROW at the intersection with Mahan Street. The agreement outlines the responsibilities and liabilities of both parties, including the Private Property Owner's obligation to obtain necessary permits and approvals, maintain the monitoring equipment, and provide insurance coverage. The City has the right to access the drain structure for construction or maintenance activities and requires the Private Property Owner to remove the monitoring equipment at their own expense if necessary. The agreement is governed by the laws of the State of New Hampshire. Key points of the agreement include: • The Private Property Owner is responsible for obtaining all required municipal, state, and federal permits and approvals for the construction related to the experimental monitoring equipment. • The City will allow the monitoring equipment to occupy the ROW at the aforementioned drain structure cover. • The monitoring equipment shall not have a negative impact on the maintenance and use of the City's roadway or drainage network. • The Private Property Owner shall maintain Comprehensive General Liability insurance with a minimum amount of $1,000,000 per occurrence/$2,000,000 in the aggregate.

Attached files

Key dates

Starts
11/1/2024

Last updated

Details

Award type
Single Award
Industry
Civil Engineering
NAICS
541330
Solicitation №
2024-CON-164

Contract value

$50,000

The contract value cannot be directly determined from the provided information. However, considering the scope of work, which involves the installation of an experimental geotechnical monitor, and the requirement for the Private Property Owner to obtain Comprehensive General Liability insurance with a minimum amount of $1,000,000 per occurrence/$2,000,000 in the aggregate, the contract value is likely to be relatively low, possibly in the range of $10,000 to $100,000. This is a rough estimate, as the actual cost of the monitoring equipment, installation, and maintenance is not specified.

AI estimate from the award documents

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