Nike Park Pavement Rehabilitation

Isle of Wight County is soliciting bids for the Nike Park Pavement Rehabilitation project, identified by solicitation number 2027-7110-071. This project is managed by the Parks and Recreation agency in Virginia and requires submissions to be filed through the OpenGov procurement portal by September 11, 2026, at 7:00 PM. Primary contact for the project is Director Michael Frickanisce, with secondary support provided by Purchasing Agent Deyonne Ndango. The procurement process includes a Construction Contract Escrow Agreement designed to ensure contractor performance. Under this agreement, retained funds from the construction contract are held in escrow by a designated bank. The agreement details the approved securities for investment, the specific conditions required for the withdrawal and payment of funds, and the roles of the County, Contractor, Bank, and Surety. This escrow arrangement serves as a financial security measure and does not alter the original terms of the construction contract or the obligations of the Surety.