Housing Rehabilitation - Laurel Street

The Southampton County, Virginia housing rehabilitation project involves the renovation of a duplex property located at 641 and 643 Oak Street in Franklin, VA, through a 2021 Community Development Block Grant (CDBG) administered by the Virginia Department of Housing and Community Development. The procurement is an Invitation for Bid (IFB 2025-06) seeking a qualified contractor to complete comprehensive rehabilitation work within 60 calendar days of receiving the Notice to Proceed. Contractors must submit a detailed Contractor's Qualification Statement demonstrating specific capabilities, including EPA Renovate, Repair and Painting (RRP) certification for pre-1978 housing units, and provide comprehensive documentation of business credentials, work history, and technical qualifications. The bid requires contractors to have a minimum of three recent contracts over $10,000, valid insurance coverage of $1,000,000 general aggregate, and proof of financial stability. The submission deadline is February 25, 2025, at 3:00 PM, with bids to be submitted directly to the City of Franklin, and liquidated damages of $50 per day will be assessed for unexcused delays beyond the project completion date.

The contract includes specific provisions for local and disadvantaged business participation, with a focus on Section 3 hiring preferences that prioritize employment of low-income residents from the local community. The investor-owner is required to contribute 10% of project construction costs and any additional funds needed beyond the maximum Community Investment Grant (CIG) assistance level. Progress payments will be structured with disbursements at 33% and 66% completion, maintaining a 5% retainage until final project completion. While a specific total project budget is not explicitly stated, the contract suggests the project is funded through a Community Development Block Grant with additional investor contributions. Contractors must also demonstrate compliance with fair housing regulations and lead paint abatement requirements. The project emphasizes local economic participation and community development through its procurement and hiring guidelines, creating opportunities for local businesses and residents in the Southampton County area.