The City of Peoria, AZ has awarded a contract to Nesbitt Contracting Company, Inc. for pavement maintenance and repair. The contract has a duration of 4 years and a value of $5,000,000. The contract is renewable after the end date. The scope of work includes pavement maintenance and repair. Key points to consider:
• The contract is for a master JOC (Job Order Contract) for pavement maintenance and repair.
• The contract has a term of 4 years with the option to renew.
• The contract value is $5,000,000.
• The vendor is responsible for providing all necessary labor, materials, and equipment to complete the work.
• The contract includes provisions for pricing, payment terms, and contract termination.