City of Wilmington Awards Construction Contract to King Asphalt Inc (August 2026)

Scope & details

The full contract record, as filed.

Contract amount

$4,378,734; associated contingency fund of $656,850 (15%)

Contract type

CONSTRUCTION

Contract term

Expected completion before December 31, 2027

Renewal date

2027-12-31

Renewal

Construction project is expected to be completed before the end of calendar year 2027; no renewal or extension options were stated.

Document type

Minutes

Source document

City of Wilmington Minutes Regular City Council Meeting 2026-08-18

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City of Wilmington StaffReport Resolution Awarding a Construction Contract for Dawson and Wooster Streetscape Improvements Project 2026-08-18

City of Wilmington Resolution Resolution Awarding a Construction Contract to King Asphalt, Inc., for the Dawson and Wooster Streetscape Improvements Project 2026-08-18

AWARDED

City of Wilmington, North Carolina$4,378,733.95; associated contingency fund of $656,850Aug 18, 2026

City of Wilmington Agenda August 18, 2026

AWARDED

City of Wilmington, North Carolina$4,378,734Aug 18, 2026

City of Wilmington Report Re-bid Tabulation: Dawson-Wooster Streetscape Improvements 2026-07-21

Town of Briarcliffe Acres Agenda Town Meeting 2026-07-20

PENDING

Town of Briarcliffe Acres, South Carolina$309,470.50Jul 19, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Wilmington?

King Asphalt Inc was awarded this construction contract by City of Wilmington, as recorded on August 18, 2026. The contract value is $4,378,734; associated contingency fund of $656,850 (15%).

How much is the King Asphalt Inc contract with City of Wilmington worth?

The King Asphalt Inc contract with City of Wilmington is valued at $4,378,734; associated contingency fund of $656,850 (15%), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Wilmington Minutes Regular City Council Meeting 2026-08-18 (Minutes), dated August 18, 2026 from City of Wilmington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does King Asphalt Inc hold?

King Asphalt Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View King Asphalt Inc's profile

What is City of Wilmington currently buying?

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