City of Rio Bravo Awards Construction Contract to Stoddard Enterprise LLC (December 2024)
- Disclosed value
- Guaranteed Maximum Price not to exceed Owner’s budget of $4,328,000.00; Construction Manager’s Fee $845,135.00 including $12,000.00 for preconstruction services, $346,240.00 overhead & profit, and $486,895.00 general conditions
- From contract
- Approved
- Dec 18, 2024
The 30-second brief
Webb County approves an AIA A133-2019 contract with Stoddard Enterprise LLC to serve as Construction Manager at Risk for the Veterans Building Rehabilitation and Preservation Project, with an Owner’s GMP budget of $4,328,000.00 and a construction manager fee of $845,135.00. The agreement covers both preconstruction and construction phase services, with Final Completion required within 30 days of Substantial Completion and liquidated damages for late completion.
Stoddard Enterprise LLC holds this construction contract with City of Rio Bravo. Its other public contracts on record include work for City of Laredo and Laredo Utilities.
Term as filed: From Notice to Proceed through Substantial Completion (date TBD) and Final Completion 30 days after Substantial Completion.
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Contract details
- Contract type
- Construction
- Amount
- Guaranteed Maximum Price not to exceed Owner’s budget of $4,328,000.00; Construction Manager’s Fee $845,135.00 including $12,000.00 for preconstruction services, $346,240.00 overhead & profit, and $486,895.00 general conditions
- Document date
- December 18, 2024
- Term
- From Notice to Proceed through Substantial Completion (date TBD) and Final Completion 30 days after Substantial Completion
- Vendor
- Stoddard Enterprise LLC
- Agency
- City of Rio Bravo
- Source document
- Webb County, Texas Agreement with Stoddard Enterprise LLC for Veterans Building Project (Contract)
Stoddard Enterprise LLC's other public contracts
More City of Rio Bravo contracts
Questions about this contract
Who was awarded the construction contract by City of Rio Bravo?
Stoddard Enterprise LLC was awarded this construction contract by City of Rio Bravo, as recorded on December 18, 2024. The contract value is Guaranteed Maximum Price not to exceed Owner’s budget of $4,328,000.00; Construction Manager’s Fee $845,135.00 including $12,000.00 for preconstruction services, $346,240.00 overhead & profit, and $486,895.00 general conditions.
How much is the Stoddard Enterprise LLC contract with City of Rio Bravo worth?
The Stoddard Enterprise LLC contract with City of Rio Bravo is valued at Guaranteed Maximum Price not to exceed Owner’s budget of $4,328,000.00; Construction Manager’s Fee $845,135.00 including $12,000.00 for preconstruction services, $346,240.00 overhead & profit, and $486,895.00 general conditions, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a contract record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Webb County, Texas Agreement with Stoddard Enterprise LLC for Veterans Building Project (Contract), dated December 18, 2024 from City of Rio Bravo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Stoddard Enterprise LLC hold?
Stoddard Enterprise LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Rio Bravo currently buying?
Explore City of Rio Bravo's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.