Demolition and site work for a municipal facility in Frankfort, Kentucky. Completed plans call for the demolition of a municipal facility; and for site work for a municipal facility.

Work shall consist of the removal and the proper disposal of buildings, fences, septic tanks, driveways, paved areas, conduits, and other miscellaneous structures and encumbrances, which exist upon or within the right of way and/or easements areas on the designated parcels. All work shall be in accordance with these specifications and any special provisions that may be included as a part of the contract. A performance bond shall be required as specified in this section. For amount paid to vendor a Performance Bond or Irrevocable Letter of Credit shall be required in the amount of the contract or $10,000.00, whichever is greater. For amount paid to State a performance bond shall be required in the amount of $10,000.00. The Performance Bond or Irrevocable Letter of Credit shall be provided as security for the faithful performance of the contract. Irrevocable Letters of Credit shall ONLY be accepted up to a maximum of $20,000.00. All projects exceeding that amount shall require a Performance Bond. The insurance coverage shall be in compliance with the laws of the Commonwealth of Kentucky and shall be placed with a licensed resident or non-resident agent who represents insurance companies authorized to do business in Kentucky. The contractor shall use every precaution to prevent any damage to adjacent property and buildings. All equipment, tools, and materials permitted to remain on the right of way during the operations shall be neatly stored in such a manner as will not interfere with the rights and privileges of the adjacent property owners. STP 5137 (039), 12FO FD52 056 1194501R