Establish a Price Agreement for Asphalt Emulsions and Associated Products for NMDOT. This Price Agreement includes materials, labor and equipment as per the specifications contained herein. Pursuant to the Contractor Prequalification Rule 18.27.5 NMAC, Vendors shall obtain prequalified status with the NMDOT as a condition to submitting a bid. Vendors are required to ensure that the products used in conjunction with this Price Agreement have been submitted and approved through the NMDOT Product Evaluation Program prior to placement on a project. Any Questions regarding the NMDOT Product Evaluation Program shall be directed to Product Evaluation Coordinator at (505) 819-8513. The term of this price agreement shall be for one (1) year from date of award with no option to extend. This price agreement shall not exceed one (1) year. Upon the issuance of a purchase order, the awarded Vendor(s) must provide a performance bond, payment and materials bond equal to one hundred percent (100%) of the total purchase order. Said bonds must be provided to the requesting District Engineer or their designee prior to the commencement of work. Failure to comply shall result in the purchase order being issued to another awarded vendor and difference being charged back to the originally awarded Vendor(s). The performance bond is to secure the NMDOT for losses and damages sustained by reason of default by Vendor. A payment bond is to guarantee that subcontractors and material suppliers on the project will be paid. The materials bond is to guarantee availability of equipment and acceptance of product. Question Submission Close Date 6/27/2022 2:00 PM MDT
If you need more information on this event, please contact: Karen G Acosta Gonzalez karen.acosta-gonzal@state.nm.us
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