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  5. ›Cedar Falls Park – Parking Lot Improvements

Awarded contract·Town of Chapel Hill·North Carolina

Cedar Falls Park – Parking Lot Improvements

Won by Ruston Paving Co, Inc.$375kAwarded 6/11/2026Single Award
Contract source

Awarded vendors

  • Ruston Paving Co, Inc.

Description

The Town of Chapel Hill contracted Ruston Paving Co, Inc. to replace and upgrade the parking lot at Cedar Falls Park, installing new asphalt pavement, concrete wheel stops, and ADA‑compliant striping. The work includes milling existing surface, proof‑rolling, laying a 2.5‑in. binder course and a 1.5‑in. surface course, tie‑ins to existing pavement, and installing reflective‑glass‑bead markings. The contract is a single‑award, unit‑price construction project with a 120‑day performance period and liquidated damages of $250 per day for delays. • Scope: mill‑regrade‑pave, wheel stops, striping, and seal‑coat for ~6,265 sq yds of parking area. • Timeline: award June 11 2026; work to be substantially completed by mid‑September 2026. • Procurement: full and open competition with mandatory pre‑bid conference; electronic bid submission only.

Attached files

Key dates

Bids closed
4/24/2026
Intent to award
6/11/2026
Awarded
6/11/2026
Starts
6/11/2026
Ends
9/19/2026
Duration
120 days

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Construction
NAICS
237310
Solicitation №
Q26-105

Contract value

$375,000

The bid tab shows base bids ranging from $297,766 to $545,500. Ruston Paving Co, Inc. was the awarded vendor, and the typical market price for a 6,265‑sq‑yd parking lot resurfacing (including milling, two‑layer asphalt, wheel stops, and striping) in North Carolina averages roughly $55‑$65 per square yard. Multiplying 6,265 sq yds by $60 / sq yd yields approximately $376,000. Adjusting for contingencies, mobilization, and the Town’s budgetary constraints, a reasonable estimate for the contract value is between $350,000 and $400,000. Selecting a midpoint, the estimated contract value is about $375,000.

AI estimate from the award documents

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