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County awards DL Dollar Road contract for $11.85 million; order to proceed on receipt of bonds
Summary
The Commissioners Court authorized awarding the DL Dollar Road (FM 2362 to Vernon Boulevard) project to IOC Company for $11,846,829.28 and granted authority to issue the notice to proceed after required bonds and payments are in place.
The court approved awarding the DL Dollar Road project for work from FM 2362 to Vernon Boulevard to the lowest responsive bidder, IOC Company, in the amount of $11,846,829.28. Staff advised the court the procurement complied with Texas Local Government Code competitive‑bidding requirements and that the county would issue the order to proceed once required performance bonds and payments are provided.
"...in total amount of $11,846,829.28," staff said when recommending award to IOC Company. Commissioners approved the award by voice vote and directed the purchasing department to finalize contract negotiations and bonding prerequisites so work can begin.
