This contract is for asbestos abatement services in the Alumni Coliseum at Eastern Kentucky University. The work includes furnishing all labor, materials, equipment, and services necessary for the complete abatement. The contract was awarded to three vendors: Environmental Demolition, Wireman Construction Group LLC, and Environmental Abatement Inc. The estimated service start dates for the vendors are 3/1/2023 and 1/17/2023, and the estimated service end dates are 3/14/2023 and 2/10/2023. The contract has a liquidated damages clause, with $200 per day until substantial completion and $100 per day until final completion.
• The contract requires the vendors to provide surety bonds.
• The contract has a payment term of Net 30.
• The contract requires the vendors to complete the work no later than 2/28/2023.
• The contract has a mandatory pre-bid meeting.
• The contract requires the vendors to submit a bid guaranty.
• The contract has a provision for liquidated damages.