Continuing Contract for CMAR Institutional Rehabilitation Program

The City of St. Augustine, FL has awarded a continuing contract for a CMAR (Construction Manager at Risk) Institutional Rehabilitation Program to Ajax Building Company, LLC. The contract started on November 16, 2020, and is set to end on September 30, 2030. The contract has a term-based duration of 1779 days. The scope of work includes rehabilitation programs for institutional facilities. Key points to consider: • The contract is a CMAR agreement, which means the contractor is responsible for managing the construction process and providing a guaranteed maximum price for the project. • The contract has a term-based duration, which means it will expire after a certain period of time unless renewed. • The contract has a renewal option, which means it can be renewed for an additional term if mutually agreed upon by the parties. • The contract is with Ajax Building Company, LLC, which is a construction company with experience in institutional rehabilitation projects.