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  5. ›RIVERWALK DECKING REPLACEMENT-ANNUAL MAINTENANCE

Awarded contract·City of Wilmington·North Carolina

RIVERWALK DECKING REPLACEMENT-ANNUAL MAINTENANCE

$1MSingle Award
Contract source

Description

The City of Wilmington is seeking a qualified contractor to replace deteriorated decking along the Riverwalk and perform associated fastener work as part of an annual maintenance program. The scope is limited to decking and fastener replacement, minor framing repairs, and requires the contractor to secure all necessary permits (including a CAMA permit). Bids must be submitted in sealed envelopes by the revised deadline of 21 Nov 2024, and the work must commence no earlier than 1 Nov 2024 and be completed by 31 Mar 2025. The contract includes a 14 % MBE/DBE subcontracting goal and a liquidated‑damage provision of $230 per day after the 360‑day period. • Primary work: removal and replacement of deck boards and fasteners; minor framing repairs only. • Schedule: mobilize by 1 Nov 2024, finish by 31 Mar 2025. • Requirements: valid NC Chapter 87 contractor license, bid guarantee for 90 days, procurement of all permits, compliance with MBE/DBE participation. • Financials: no disclosed contract value; $230/day liquidated‑damage rate; 14 % MBE/DBE subcontract goal. • Procurement: single‑prime sealed bids, full and open competition, with a revised bid deadline of 21 Nov 2024.

Attached files

Key dates

Bids closed
11/21/2024
Contract modified
12/13/2024
Starts
11/1/2024
Ends
3/31/2025
Duration
5 months

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Construction
NAICS
236220
Solicitation №
PS-IH-1124

Contract value

$1,000,000

No explicit contract price is disclosed. Estimating based on typical waterfront deck replacement costs (approximately $150‑$200 per square foot) and assuming a moderate length of about 2,000 ft of deck (≈ 10,000 sq ft), the material and labor costs would range from $1.5 M to $2 M. Subtracting the city’s annual‑maintenance budget constraints and the expectation of a competitive bid, a realistic award value is likely in the $800,000‑$1,200,000 range. For reporting purposes, a midpoint estimate of $1,000,000 is used. This estimate accounts for demolition, disposal, new decking, fasteners, minor framing repairs, permitting, and the contractor’s overhead and profit.

AI estimate from the award documents

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