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CONSTRUCTIONAWARDED

New Jersey Institute of Technology Board of Trustees Public Session Meeting Agenda Packet 2026-06-11

Tiernan Lecture Hall #2 Contract Awarded to Epic Management Inc

$1,812,500.00 (not to exceed; includes base bid of $1,450,000 and contingency of $362,500)New Jersey Institute of TechnologyEPIC MANAGEMENT INCJune 11, 2026

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WithersRavenel logo
Derivita logo
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Description

NJIT Board of Trustees approved awarding the general construction contract for renovations and improvements at Tiernan Lecture Hall #2 to Epic Management, Inc. for a not-to-exceed amount of $1,812,500, including contingency, with funding from the FY26 capital budget. The upgraded lecture hall will support classroom instruction, meetings, and university events.

Contract Details

Contract Amount

$1,812,500.00 (not to exceed; includes base bid of $1,450,000 and contingency of $362,500)

Vendor

EPIC MANAGEMENT INC

Agency

New Jersey Institute of Technology, NJ

Contract Type

CONSTRUCTION

Document Date

June 11, 2026

Renewal Info

Board approved contract with contingency for possible amendments. Lump sum general contract with project contingency.

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