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Awarded contract·Henrico County·Virginia

Annual Contract for Asphalt-In-Place and Asphaltic Pavement Planing

Won by COLONY CONSTRUCTION INC +1 more$2.5MAwarded 8/26/2026Multiple Award
Contract source

Awarded vendors

  • COLONY CONSTRUCTION INC
  • FINLEY ASPHALT & SEALING INC

Description

This contract is an annual procurement by Henrico County for the provision of asphalt‑in‑place and asphaltic pavement planing services. Two qualified contractors, Colony Construction Inc. and Finley Asphalt & Sealing Inc., were each awarded a portion of the work on August 26, 2026. The agreement covers the full scope of resurfacing activities required to maintain county roadways, including milling, laying hot mix asphalt, and planing to achieve smooth, durable surfaces. • Scope: Annual asphalt‑in‑place placement and pavement planing for county roads. • Awardees: Colony Construction Inc. (Award No. 2980A) and Finley Asphalt & Sealing Inc. (Award No. 2980B). • Timeline: Awarded on 26‑Aug‑2026; specific start/end dates not disclosed.

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Intent to award
8/26/2026
Awarded
8/26/2026

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Construction
NAICS
237310
Solicitation №
26-2980-7JL

Contract value

$2,500,000

No explicit contract dollar amount is listed. To estimate, we consider typical county‑level asphalt resurfacing budgets. A mid‑size county like Henrico often spends between $1–3 million annually on road resurfacing, split among multiple contractors. Assuming an average of $1.25 million per contractor for the scope described (milling, hot‑mix placement, and planing), the total contract value would be roughly $2.5 million. This estimate accounts for labor, materials, equipment, and overhead typical for asphalt‑in‑place work.

AI estimate from the award documents

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