HSIPL 5425 (025) Cypress Curve Realignment Project

The contract is for the Cypress Curve Realignment Project, which involves realigning Clark Road at Cypress Lane. The work includes grading, paving, clearing and grubbing, tree removal, placement of drainage pipes, rock slope protection, adjusting utilities to grade, signing and striping, and other items of work. The Engineer's Estimate for this contract is $920,000.00. The project has a DBE Contract goal of 6.81% and requires the payment of prevailing wage rates. The contract is subject to the "Buy America" provisions of the Surface Transportation Assistance Act of 1982 as amended by the Intermodal Surface Transportation Efficiency Act of 1991. • The project requires the payment of prevailing wage rates. • The contract has a DBE Contract goal of 6.81%. • The project is subject to the "Buy America" provisions. • The contract requires a faithful performance bond and a payment bond each in an amount of 100% of the total bid. • The contract has a liquidated damages clause of $1,900 per working day delay.