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Awarded contract·City of Rexburg·Idaho

Concrete Water Reservoir Rehabilitation

Won by DN Tanks, LLC$850kSingle Award
Contract source

Awarded vendors

  • DN Tanks, LLC

Description

This contract concerns the rehabilitation of two municipal drinking‑water concrete storage reservoirs in Rexburg, Idaho. The scope includes selective demolition, concrete repair, epoxy injection, elastomeric sealant application, specialty‑placed concrete curb construction, and the application of a polyurea waterproof coating system. Optional alternates allow for stucco finish on one tank and additional architectural coating. The City requires a 5 % bid bond, performance and payment bonds equal to 100 % of the contract price, and a substantial‑completion deadline of September 30 2024 with liquidated damages of $500 per day for overruns. • Repair of exterior concrete on two prestressed tanks (demolition, shotcrete, mortar, sealants). • Application of a polyurea waterproof coating system; optional stucco finish. • Strict environmental controls, EPA demolition notification, and mandatory bonding/insurance requirements.

Attached files

Key dates

Bids closed
1/31/2024
Contract modified
2/21/2024
Ends
9/30/2024
Duration
8 months

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Construction
NAICS
237110
Solicitation №
WTR-01-24

Contract value

$850,000

The bid tab shows a base bid of $773,200 plus three optional alternates totaling $151,200, giving a potential maximum of $924,400. Since alternates are often not exercised, a reasonable estimate of the awarded contract value is the base bid plus a modest contingency (≈10 %). This yields an estimated contract value of roughly $850,000. Factors influencing this estimate include the size of the two tanks, the extensive concrete repair and coating work, and the required performance bonds (100 % of price).

AI estimate from the award documents

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