The contract is for the demolition of Dan Williams Hall and Annex, including site work, ponding construction, and re-seeding. The contract was awarded to SPARTAN CONSTRUCTION and RCI Power and Lighting Inc, with a total price of $680,000 and $697,356, respectively. The contract duration is 123 calendar days, and the work must be completed within this timeframe. The contract includes provisions for liquidated damages in the event of late completion.
• The contract requires the vendors to provide a 5% bid bond, which serves as a guarantee that the vendor will enter into a contract with NMSU if awarded the bid.
• The contract includes provisions for subcontractors, including a requirement that subcontractors be listed and approved by NMSU prior to commencing work.
• The contract requires compliance with all applicable state laws, ordinances, and regulations, including the New Mexico Public Works Apprenticeship and Training Act and the New Mexico Workers' Compensation Act.
• The contract includes a standard form of agreement, which must be executed by the successful vendor without changes, except for the completion of any blanks required to be inserted as a result of the award of the bid.