9L-27R Rehabilitation & Taxiway K1 Demolition

This contract is for the rehabilitation of Runway 9L-27R and demolition of Taxiway K1 at the Orlando Sanford International Airport. The project is valued at $20,226,468.50 and is expected to be completed within 2 years. The contractor, P&S Paving, Inc., will be responsible for furnishing all materials and performing all work required for the project. The contract includes provisions for payment, performance bonds, and compliance with federal and state laws. Some key aspects of the contract include: * The contractor must pay laborers and mechanics the full amount of wages required by the contract, without rebate or deduction. * The contractor must defend, indemnify, and save harmless the Owner and the City of Sanford, Florida, against all suits and costs of every kind and description. * The contract includes a payment and performance bond in the sum of $20,226,468.50. * The contractor must comply with all federal, state, and local laws, rules, and regulations governing the goods and services rendered under the contract. * The contract includes provisions for termination, dispute resolution, and changes to the contract. • The contract is subject to the laws of the State of Florida. • The contractor must provide a payment and performance bond. • The contractor must comply with the Davis-Bacon Act and other federal and state laws. • The contract includes provisions for prompt payment to subcontractors. • The contract includes provisions for disadvantaged business enterprise participation.