The City of Lebanon has awarded a contract to D.R. Key Corp for the Mascoma Street and Evan's Drive Sidewalk Reconstruction project. The contract is valued at $189,920.00, split between two budget years, and has a term of one year. The contractor will be responsible for furnishing all necessary materials, supplies, tools, equipment, labor, and services for the construction and completion of the project. The city will pay the contractor in accordance with the contract documents. Key aspects of the project include compliance with City Code 185 Welcoming Lebanon and the applicable provisions of the code. The contractor is also subject to debarment of future contractual arrangements with the city in case of violations.
• The contract includes a notice to proceed and a bid schedule.
• The contractor is required to commence work within five calendar days of the notice to proceed and complete the project within 90 days.
• The contractor agrees to pay liquidated damages of $500.00 for each consecutive calendar day of delay.
• The contract is binding upon all parties and their respective heirs, executors, administrators, successors, and assigns.