Lehi II CHPS Remodel

The contract is for the remodeling of a building in Lehi, UT, with an estimated budget of $5,200,000.00. The scope of work includes construction of the Lehi 2 CHPS remodel, with a commodity code of BLDGIMP - Building Materials Improvement. The contract was awarded to Judd Construction, Warner and Associates Construction Inc, and OMA Construction Company, with bid prices of $6,019,408.00, $6,654,000.00, and $6,969,790.00, respectively. The contract terms and conditions are outlined in the university's General Bid Provisions and Contractor's Agreement. Some key points include: • The contractor is required to provide a bid bond in the amount of 5% of the bid amount. • The contractor is required to provide a performance bond and a payment bond on AIA bond form A312-2010. • The contractor is required to provide a list of subcontractors to the university within 24 hours of the public posting time of the bid tabulation. • The contract may be canceled at any time as determined to be in the best interest of Utah Valley University.