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  5. ›Well Site Drilling Construction Services Job Order Contract

Awarded contract·City of Cottonwood·Arizona

Well Site Drilling Construction Services Job Order Contract

Won by KP Ventures Well Drilling & Pump Co. LLC$2.5MSingle Award
Contract source

Awarded vendors

  • KP Ventures Well Drilling & Pump Co. LLC

Description

The City of Cottonwood has awarded a contract to KP Ventures Well Drilling & Pump Co. LLC for well site drilling construction services. The contract has a term of three years and a not-to-exceed amount of $2,463,532.91. The scope of work includes additional services set forth in change orders, including the addition of sound panels and emergency well drilling. The contract is subject to cancellation pursuant to Arizona state law. Key points to consider when evaluating this contract include the scope of work, the contract term, and the not-to-exceed amount. * The scope of work includes well site drilling construction services, including additional services set forth in change orders. * The contract term is three years. * The not-to-exceed amount is $2,463,532.91. * The contract is subject to cancellation pursuant to Arizona state law. * The vendor is required to affirmatively assert that the city is not in default and waive any claims against the city.

Attached files

Key dates

Starts
1/16/2024
Ends
4/2/2026
Duration
3 years

Last updated

Details

Award type
Single Award
Industry
Construction
NAICS
237990
Solicitation №
MA23000215 CoC1

Contract value

$2,463,533

The contract has a not-to-exceed amount of $2,463,532.91, which is the estimated value of the contract. This amount is based on the initial agreement amount of $1,588,597.91 and the additional amounts from change orders. The contract term is three years, and the scope of work includes well site drilling construction services, which may involve significant costs for equipment, labor, and materials. Considering these factors, the estimated value of the contract is likely to be close to the not-to-exceed amount.

AI estimate from the award documents

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