IFB_2025-02947_409 W Broad Property Acquisition Study 2024

Virginia Commonwealth University is soliciting sealed electronic bids for demolition of five connected buildings at 409, 417, 419, 421, and 423 West Broad Street in Richmond, Virginia under IFB 2025-02947, with bids due July 30, 2026 at 11:00 AM and a mandatory pre-bid meeting on July 7, 2026 at 11:00 AM. SWaM (small, women-owned, and minority-owned business) certification by the Commonwealth of Virginia's Department of Small Business and Supplier Diversity applies, with SWaM reporting requirements mandatory on this project.

The scope includes demolition of the five buildings with asbestos abatement as a prerequisite condition. Comprehensive asbestos surveys have identified regulated asbestos-containing materials (ACM) in built-up roofing at 409 W. Broad (approximately 2,057 square feet), floor tiles at 409 and 417 W. Broad (approximately 1,985 square feet combined), and black exterior mastic at 419 W. Broad (approximately 360 square feet). Removal of ACM must occur before demolition and comply with EPA NESHAP regulations and Virginia Department of Labor and Industry requirements. No ACM was detected at 417 W. Broad or 421–423 W. Broad Street.

The contract is subject to prevailing wage requirements under Section 3(m) of the General Conditions of the Construction Contract (HECO-7) if the contract price exceeds $3 million. Bids are submitted electronically through the eBuilder Bid Portal; all submissions, including bid bonds and quantity worksheets, must be electronic. Requests for Information and questions are due July 16, 2026 at 5:00 PM, with resulting addenda posted in eVA. Bid opening is scheduled for July 31, 2026 at 11:00 AM via Zoom. The Architect/Engineer firm managing the project is Timmons Group (VCU Project Code 2025-02947, DEB Number 236-B5236-037).