The contract is for the sweeping and re-striping of various parking lots at New Mexico State University. The work includes the removal of existing striping and the application of new striping. The contract was awarded to Smith and Aguirre Construction Co., Inc. for a total bid amount of $64,963.54. The contract duration is 72 calendar days from the notice to proceed.
• The contract includes five bid lots for different parking lots.
• The contractor is required to provide a 5% bid bond.
• The contractor is required to comply with all applicable state laws and regulations.
• The contractor is required to provide a performance and payment bond for any subcontractor work exceeding $125,000.
• The contract includes a liquidated damages clause for late completion.