The contract is for an indefinite quantity asphalt contract, with an estimated value of up to $1,703,675. The contract was awarded to Sheedy Paving, Inc. The scope of work includes asphalt paving services for Columbus City Schools. The contract was solicited through an Invitation to Bid (ITB) process, and bidders were required to submit their bids electronically through Public Purchase.
• The contract is for an indefinite quantity, meaning that the exact amount of work to be performed is not fixed.
• The contract includes a base bid and a LEDE A and LEDE B component.
• The contract has a variance from the estimate, with the awarded bid being lower than the estimated value.
• The contract includes requirements for bid bonds, power of attorney, and other documentation.