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  5. ›10th STREET & GRACE STREET INTERSECTION IMPROVEMENTS

Awarded contract·City of Wilmington·North Carolina

10th STREET & GRACE STREET INTERSECTION IMPROVEMENTS

$750kSingle Award
Contract source

Description

This solicitation seeks a single‑prime contractor to redesign and reconstruct the 10th Street and Grace Street intersection in Wilmington, NC. The work includes demolition of existing pavement and curb, installation of new concrete curbs and sidewalks, excavation and construction of a storm‑water bioretention cell, milling and overlay of asphalt, installation of new storm‑water catch basins and reinforced concrete pipe, tree removal and replacement, traffic‑control planning, and final site cleanup. The contractor must comply with strict municipal work‑hour limits, provide a traffic‑control plan, and meet a 14 % subcontracting goal for minority‑ and women‑owned businesses. The contract is awarded to the lowest responsible bidder, includes performance and payment bonds, retainage, and liquidated‑damage provisions, and must be completed within 90 calendar days after mobilization. • Scope: demolition, concrete curb/sidewalk, bioretention cell, asphalt milling/overlay, storm‑water pipe and catch basins, landscaping, traffic control. • Schedule: bids due 5 Sept 2024; construction must start within 10 days of award and finish within 90 days. • Requirements: NC contractor’s license, 5 % bid bond, 100 % performance/payment bonds, insurance, MBE/WBE 14 % goal, compliance with federal (Davis‑Bacon, FAR) and state regulations.

Attached files

Key dates

Bids closed
9/12/2024
Contract modified
8/22/2024
Duration
90 days

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Construction
NAICS
236220
Solicitation №
PAV-IH-0724

Contract value

$750,000

No explicit contract value is published. Estimating based on the quantity list: asphalt overlay (~185 tons @ $120/ton ≈ $22k), concrete curb & sidewalk (~$30k), storm‑water pipe (~$3k), bioretention excavation and media (~$7k), demolition and removal (~$30k), traffic‑control and miscellaneous items (~$10k). Adding contractor overhead, profit, bonding, and contingency typically raises the total to roughly 1.5–2 times the direct costs. This yields an approximate contract value in the range of $600,000 to $900,000. A median estimate of $750,000 is therefore reasonable.

AI estimate from the award documents

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