The City of Rexburg contracted for a road‑preservation project involving the application of approximately 77,000 sq yd of Type III slurry seal to municipal streets. The work requires specialized mixing equipment, compliance with temperature and moisture restrictions, and full traffic‑control and public notification plans. The contract was awarded through a sealed‑bid process, with American Pavement Preservations, LLC winning the low bid. The project schedule is tight, with work beginning late July and completing in early September, and liquidated damages of $500 per day for delays beyond completion. Important contract requirements include a 5 % bid bond, 100 % performance and payment bonds, and standard insurance and warranty provisions.
• Scope: 77,000 sq yd slurry‑seal application, traffic control, public notices, and cleanup.
• Schedule: Start 26 Jul 2024, Substantial Completion 6 Sep 2024 (≈ 42 days).
• Financials: Low bid ≈ $156,310; 5 % bid bond, 100 % bonds required, 5 % retainage, $500/day liquidated‑damage.