2024 Asphalt Overlay

The Town of Breckenridge, located in Colorado, is seeking sealed electronic bids for a comprehensive 2024 Asphalt Overlay Project (Project No. 309001001-2024) involving extensive roadway infrastructure improvements. The project encompasses asphalt milling, hot mix asphalt (HMA) patching, overlay, full depth reclamation, and concrete curb, gutter, and valley pan removal and replacement across multiple municipal street locations. Key deliverables include approximately 30,200 square yards of asphalt planing, 20,267 square yards of full depth reclamation, and approximately 9,430 tons of hot mix asphalt at varying depths. Sealed bids are due electronically by 10:00 AM on April 12th, 2024, with work scheduled to begin no earlier than April 22nd, 2024. The project has substantial completion targeted for August 30th, 2024, and final completion by September 13th, 2024, with contractors required to adhere to technical specifications based on the 2021 Colorado Department of Transportation (CDOT) Standard Specifications. Evaluation will be based on unit pricing, and contractors must demonstrate capability in comprehensive roadway rehabilitation techniques.

The procurement includes several notable restrictions and preferences, specifically mandating that contractors employ at least 80% Colorado labor under the Keep Jobs in Colorado Act of 2013. The Town has implemented a local preference policy, potentially awarding the contract to local bidders or disadvantaged business enterprises (DBEs) within 3% of the lowest bid. A 5% bid bond is required, with performance and payment bonds necessary for the successful bidder. The contract will retain 5% of each progress payment until project completion, with liquidated damages of $500 per day for delays in substantial completion and $300 per day for final completion delays. Contractors must obtain a Town of Breckenridge Business and Occupational License and comply with specific insurance requirements, including $1,000,000 in commercial general liability coverage. While precise total project value is not explicitly stated, the extensive scope and multiple street rehabilitation locations suggest a significant municipal infrastructure investment. The project is subject to annual appropriation by the Town Council, with the owner reserving the right to terminate the contract if sufficient funds are not allocated.