The contract is for the demolition of various structures in Ocean County, New Jersey. The contract was awarded to Brennan Brothers Contracting, LLC, with a total value of $110,000. The project is expected to be completed within 120 calendar days of the Notice to Proceed, and a Liquidating Damage Clause of $500 per day will be applied if the project is not completed on time. The contract includes a surety company bond for the faithful performance of the contract. Key aspects of the contract include:
• Demolition of various structures in Ocean County, New Jersey
• Contract value: $110,000
• Project completion time: 120 calendar days
• Liquidating Damage Clause: $500 per day
• Surety company bond required