The University of Akron has awarded a T&M contract for construction repairs and renovations to Apollo Construction (Primary), Feghali Brothers, LLC (Secondary), and Cavanaugh Building Corporation (Third). The contract has a term of one year, with the option to renew for three additional years. The scope of work includes construction repairs and renovations, and the contractors will be paid based on their proposed rates. The University of Akron reserves the right to extend the contract for up to 120 days past the normal expiration date. Key aspects of the contract include:
• Prevailing Wages apply to scope of work that meets or exceeds the threshold of $75,000
• Each scope of work will be issued a unique purchase order number
• The contractor shall notify the University immediately upon a wage increase and provide documentation for acceptance by the University
• The University of Akron will follow the bid process as identified in Ohio Revised Code 153 on larger scale projects