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Awarded contract·City of Port St. Lucie·Florida

Installation & Maintenance of Traffic Signals & Street Lighting

Won by Traffic Control Devices, Inc. +1 more$1MMultiple Award
Contract source

Awarded vendors

  • Traffic Control Devices, Inc.
  • Ferreira Construction Co., Inc.

Description

The City of Port St. Lucie has awarded a contract for the installation and maintenance of traffic signals and street lights to Traffic Control Devices, Inc. and Ferreira Construction Co., Inc. The contract is for a term of three years, with an option to renew for an additional two years. The contract includes provisions for notices, time of performance, and renewal options. The scope of work includes the installation and maintenance of traffic signals and street lights, with the contractor required to commence work within ten calendar days of the start date. The contract also includes provisions for economic price adjustments and termination. Key points to consider for similar contracts include the scope of work, contract term, and renewal options. • The contract is for a term of three years, with an option to renew for an additional two years. • The scope of work includes the installation and maintenance of traffic signals and street lights. • The contractor is required to commence work within ten calendar days of the start date. • The contract includes provisions for economic price adjustments and termination. • The contract is awarded to two vendors, Traffic Control Devices, Inc. and Ferreira Construction Co., Inc.

Attached files

Key dates

Starts
8/13/2024
Ends
8/12/2027Renews
Duration
3 years

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Construction
NAICS
237110
Solicitation №
20240061

Contract value

$1,000,000

The contract value is not explicitly stated, but based on the scope of work and the term of the contract, it can be estimated that the value is likely in the range of several hundred thousand to a few million dollars. This is a rough estimate and the actual value may be higher or lower, depending on the specific requirements of the contract and the prices of the services and materials provided.

AI estimate from the award documents

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