Description
The contract is for the Espina Street Reconstruction project, which involves improvements to Espina Street from station 1+50 to station 12+00. The project includes a base bid and two alternates. The contract duration is expected to be 60 calendar days from the Notice to Proceed. The contract requires the contractor to comply with various laws and regulations, including the New Mexico Public Works Minimum Wage Act and the New Mexico Workers' Compensation Act. The contract also requires the contractor to provide a 5% bid bond and to list all subcontractors who will perform work on the project.
• The contract is valued at approximately $293,371 to $792,771, depending on the bidder and the alternates chosen.
• The contract requires the contractor to complete the work within 60 calendar days from the Notice to Proceed.
• The contract includes liquidated damages for late completion.
• The contract requires the contractor to comply with all applicable laws and regulations, including those related to wage rates, workers' compensation, and subcontractor listing.
• The contract includes a standard form of agreement that will be used for the award of the contract.