The contract is for the terminal expansion project at the Orlando Sanford International Airport. The contract amount is $60,642,363.00, and the project is expected to be completed within 970 calendar days. The contract includes provisions for liquidated damages, payment terms, and requirements for the contractor to provide a payment and performance bond. The contract also includes a list of accepted value engineering items, which total $4,345,840.00 in savings. The contractor is required to comply with all applicable laws, regulations, and standards, including the Davis-Bacon Act and the Americans with Disabilities Act.
• The contract includes a detailed scope of work, which includes the construction of a new terminal building, the renovation of existing facilities, and the installation of new systems and equipment.
• The contract requires the contractor to provide a comprehensive project schedule, which includes milestones and deadlines for each phase of the project.
• The contract includes provisions for change orders, which allow the owner to make changes to the scope of work or the contract terms.
• The contract requires the contractor to provide a warranty for the work performed, which includes a one-year warranty for all materials and labor.
• The contract includes provisions for dispute resolution, which include mediation and arbitration.