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Published July 29, 2025 at 8:00 PM
Updated July 30, 2025
Demolition, site work and addition to a mixed-use development in Malvern, Arkansas. Completed plans call for the addition of a educational facility; for the demolition of a educational facility; and for site work for a educational facility.
Magnet Cove Public School District Weight/Locker Room Addition. Completion of the entire project shall be achieved no later than November 1, 2025. Liquidated damages imposed against the contractor for failure to meet the scheduled completion date will be $500.00 for each calendar day beyond the required final completion date. Each bid will include with it a bid bond in the amount of 5% of the total bid offered. It will be in the form of a cashier's check or insurance surety bond (with Power of Attorney attached) made payable to the owner. If bid is over $20,000, a Performance and Payment bond will also be furnished by the successful bidder within ten (10) days after receipt of the District intent to award notice. Failure to furnish the required bonds may cause forfeiture of bid guarantee to the owner as liquidated damages. The "Performance and Payment Bond" will be in the amount equal to 100% of the contract price as security for the faithful performance of this contract price and for payment of all indebtedness for labor and materials furnished or performed in connection with this contract. The District may reject any and all bids and may reject a bid of any party who has failed to perform, been unfaithful and/or delinquent in any former relationship with the District. The District reserves the right to waive any irregularities or formalities in any solicitation or bid response. The District shall be the sole judge as to which bid is best and, in determining that fact, may consider the contractor's business integrity, financial resources, experience, facilities and/or capacity for performing the work.
Award
Educational
$512,415.00
Public - City
Addition, Demolition, Site Work
Trades Specified
Division 00 - Lorem Ipsum
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472 Magnet School Rd, Malvern, AR
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