Raymond Park Dam Repair

The Town of Prosper in Collin County, Texas is requesting competitive sealed proposals for the Raymond Park Dam Repair project, with proposals due October 22, 2026 at 2:00 p.m., a pre-proposal meeting scheduled online October 14, 2026 at 10:00 a.m., and questions due by 12:00 p.m. on October 14.

The scope requires furnishing all labor, equipment, and materials to complete dam repair construction work in accordance with provided plans and specifications. The contractor must submit proposals valid for 90 days following the due date and execute the Construction Agreement, along with required bonds and insurance documentation, within ten calendar days of award notice.

Proposals will be evaluated on Qualifications and Experience (10%), Proposed Project Timeline (25%), and Cost Proposal (65%), with award to the proposer offering best value. Each proposal must include a cashier's check or Bid Bond equal to 5% of the maximum proposed amount. The successful contractor must furnish a Performance Bond at 115% of the contract amount, a Payment Bond at 100% of the contract amount, and a Maintenance Bond at 100% of the contract amount covering defects for two years following project acceptance.

Insurance requirements include comprehensive general liability with minimum $1 million per occurrence and $2 million in aggregate, along with workers' compensation, automobile liability, and umbrella liability coverage as specified in the contract documents. Progress payments are made monthly with 5% retainage. A two-year warranty covers all defective materials and workmanship. The contract is governed by Texas law with exclusive venue in Collin County, Texas. Online submission through IonWave.net is the preferred method; hard copy submission is available at the Purchasing Office at Town Hall. Proposal opening occurs online October 22 at 3:00 p.m. via Microsoft Teams.