ITB 2026-17 Panacea Overflow Parking Lot Resurfacing

This contract awards a single‑vendor, Capital Asphalt Inc., to resurface the Panacea Overflow Parking Lot in Wakulla County, Florida. The work includes milling existing driveways, placing a 1‑inch asphalt lift across the parking lot and driveways, and applying full thermoplastic striping. An optional alternate for paving access to the Otter Creek Wastewater‑Treatment Plant is also included, requiring a separate Basis of Bid. The solicitation is an Invitation to Bid with a budget ceiling of $250,000, a 90‑day pricing validity, and requires 100 % performance and payment bonds. The contract must be started shortly after award, with substantial completion in 45 days and final completion in 60 days. • Primary scope: milling, 1‑in. asphalt placement, and full parking‑lot striping. • Optional alternate: additional asphalt paving and related striping at the Otter Creek Wastewater‑Treatment Plant. • Procurement: competitive sealed‑bid (ITB 2026‑17) with a single award to Capital Asphalt Inc.; bid due Aug 13 2026, award posted Sep 9 2026. • Financials: $250,000 budget, 5 % bid bond (if bid > $250k – not required here), 100 % performance/payment bonds, $750/day liquidated damages after 45‑day substantial‑completion deadline.