The contract is for the demolition of the designated area of the first floor of the Keene Johnson Building at Eastern Kentucky University. The work includes furnishing all labor, materials, equipment, and services necessary for the demolition of the acoustical ceilings, VCT, cabinets, slat wall, and minor drywall in the lower level of the building. The contract was awarded through a competitive bidding process, with five companies submitting bids. The contract has a duration of 17 days, starting on December 14, 2020, and ending on December 31, 2020. Some key points to consider are:
• The contract requires the vendor to provide all necessary labor, materials, and equipment for the demolition.
• The vendor must comply with all applicable laws and regulations, including those related to environmental and safety standards.
• The contract includes a payment term of Net 30, meaning that the vendor will be paid within 30 days of completing the work.
• The contract requires the vendor to provide a bid guaranty, which is a guarantee that the vendor will complete the work as specified in the contract.