Town of Hertford Fiscal Year 2026-2027 Budget Report
Hertford Connectivity street contract price reduced
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Description
The Town of Hertford executed a Memorandum of Negotiation with B.E. Singleton & Sons, Inc. revising the street improvements contract for the Hertford Connectivity Plan to a revised bid price of $685,484.50 while retaining the original 90-day substantial and 120-day final completion deadlines. The action reflects a significant reduction from the original $1.28 million contract based on updated quantities and negotiated unit prices.
Contract Details
Contract Amount
Revised bid price $685,484.50 (original contract price $1,281,297.80)
Vendor
B.E. SINGLETON & SONS INC
Agency
Town of Hertford, NC
Contract Type
CONSTRUCTION
Document Date
May 6, 2026
Contract Term
Substantial completion in 90 days; final completion in 120 days from April 15, 2026
Renewal Date
2026-08-13
Renewal Info
Memorandum of Negotiation dated April 15, 2026 amends the existing construction contract price without altering the original time for substantial or final completion. No renewal or extension options are referenced in the provided text.
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