Sealed bids for asphalt placement or purchase and limestone gravel base for public roads. Bids due November 6, 2026 at 2:00 PM at Pikeville City Hall. Award to lowest responsive and responsible bidder. Bidders must be prequalified with Kentucky Transportation Cabinet with eligibility exceeding $500,000. Performance bond required. Work substantially complete within 120 days. Liquidated damages $250 per day. Progress payments monthly at 90% with retainage.
The work will be substantially completed within 120 days after the contract time commences. the work will be substantially completed within 120 days after the date when the contract time commences.
Progress payments are made on the 4th Monday of each month at 90% of work completed, with retainage. progress payments will be made in an amount equal to the percentage indicated below but, in each case, less the aggregate of payments previously made
Bidder warrants goods and services for at least one year after installation. bidder warrants said goods and services for a period of at least one (1) year after installation
Award will be made to the lowest responsive and responsible bidder meeting specifications. award will be made to the lowest responsive compliance with specifications and responsible bidder meeting specifications.
Bidders must be prequalified with the Commonwealth of Kentucky's Transportation Cabinet with eligibility exceeding $500,000. all bidders must be prequalified with the commonwealth of kentucky's transportation cabinet. the aggregate amount of eligibility shall exceed 500,****.
Liquidated damages of $250 per day for delay. contractor shall pay owner **** for each day that expires after the time specified in paragraph 4. 02 for substantial completion
Interpretation requests must be received at least three days prior to bid opening. to be given consideration must be received at least three (3) days prior to the date fixed for the opening of bids.
Failure to submit all required forms and information may be grounds for disqualification. failure to submit all forms and information required may be grounds for disqualification.
The city estimates approximately $500,000 will be spent for this project. the city currently estimates a total of approximately 500,000 will be spent for this project
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