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Award of a Construction Contract to All American Asphalt for the Construction of the Raitt <br /> Street Improvements Project <br /> May 19, 2026 <br /> Page 5 <br /> Project Schedule and Contract Time <br /> The project completion date is March 2027, barring unforeseeable conditions such as <br /> rain, natural disasters, or other delays beyond the control of the City and of the <br /> Contractor. The contract time for this project is 150 working days, as specified in the bid <br /> documents. Working days are counted in accordance with the City's Standard <br /> Specifications, which exclude weekends, City-observed holidays, and inclement <br /> weather days that prevent work. <br /> The contractor was required to submit a construction schedule as part of their bid to <br /> expedite delivery of the project. The projected completion dates based on the submitted <br /> schedule is March 2027, which is within the allotted 150 working days. If the contractor <br /> fails to deliver on time, they will be assessed a penalty of$9,500 per calendar day as <br /> specified in the bid documents. <br /> The actual completion date will depend on the contractor's schedule, material <br /> procurement timelines, and any unforeseen delays. Based on a typical project timeline, <br /> the estimated project completion is provided below: <br /> Project Milestones <br /> Milestone Estimated Notes <br /> Completion Date <br /> Administrative Startup May 2026 Contract execution, bonds, <br /> insurance <br /> Material Procurement June 2026 Procurement may take place <br /> concurrently with construction. <br /> Contractor Mobilization July 2026 Start of construction activities <br /> Project Completion March 2027 Based on 150 working days <br /> Project Phasing <br /> The contractor will be constructing this project in the following phases: <br /> 1. Phase I: Raitt Street— 1st Street to Washington Avenue (Max Duration: 50 <br /> Working Days) <br /> 2. Phase II: Raitt Street— McFadden Avenue to 1st Street (Max Duration: 50 <br /> Working Days) <br /> 3. Phase III: Raitt Street— St. Gertrude Place to McFadden Avenue (Max Duration: <br /> 50 Working Days) <br />