N 8th Ave and Simons Street

The City of Ridgefield has awarded a contract to Advanced Excavating Specialists, LLC for the improvement of North Simons Street with water system improvements and the addition of a new stormwater system and sidewalk. The project includes the installation of 400 feet of new stormwater pipe, five catch basins, four stormwater manholes, 800 linear feet of new ductile iron water main, eight water service replacements, 300 tons of asphalt pavement roadway reconstruction, 1,600 square feet of new sidewalk and driveways, and five new curb ramps. The contract is valued at $479,276.72 and is financed through the Community Development Block Grant Program. The contract includes a payment bond and a performance bond, both of which are provided by Merchants Bonding Company (Mutual). Some key points about the contract include: • The contract was awarded on August 29, 2022, and the project is expected to be completed by June 30, 2023. • The contract includes a payment bond and a performance bond, both of which are provided by Merchants Bonding Company (Mutual). • The payment bond ensures that the contractor will pay all workers, laborers, mechanics, and materialmen in accordance with the contract. • The performance bond ensures that the contractor will complete the project in accordance with the contract and will indemnify the City of Ridgefield against any losses or damages resulting from the contractor's failure to perform. • The contract includes a number of provisions related to the surety bonds, including the requirement that the surety company will pay for any defects or deficiencies in the work if the contractor fails to correct them.