Orange County NC Website
(~ <br />• construction quality history. <br />• experience and performance history. <br />• ability to complete each element of the Project within its respective <br />Contract Time, <br />• ability to complete the entirety of the Project within the budgeted Project <br />Cost. <br />• cost of construction oversight. <br />• financial stability. <br />• stability of principal subcontractors (electrical, mechanical, plumbing, <br />framing, masonry, sitework). . <br />• ~ bonding capacity and rating of surety. <br />. • value engineering experience. <br />• ~ minority business participation plan in compliance with G.S. 143-128.2. <br />• amenability to contracting pursuant to modified AIA Contract Documents <br />to be prepared by TCM. <br />TCM will require the single prime general contractor to furnish 104% <br />performance and payment bonds which name TCM's construction lender, TCM <br />and the County as joint obligees. <br />TCM will reserve the right to withdraw from the Project without penalty or <br />liability in the event TCM determines, in its discretion, that the lowest <br />responsible, responsive bidder is nonetheless unacceptable to TCM. <br />b. ~ Project Completion Schedule. <br />Office building/ library/parking <br />facility) substantial completion 05/2008 <br />Closing of purchasetof office <br />. building and library 05/2008 <br />Licensure of parking spaces <br />to county ~ os/zaa8 <br />-4- <br />