This Government Contract opportunity from Tennessee was posted on June 26, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Payment Adjustment for Bituminous Material
Contract Overview
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AI Contract Overview
This contract involves the administration of monthly price adjustments for bituminous material costs, specifically triggered when fluctuations exceed ±5% based on the Tennessee Department of Transportation's (TDOT) Basic Bituminous Material Index. It is a subcontract under NAICS code 541611, focusing on professional and management consulting services. The contract pertains to work performed in Franklin, Tennessee, and seeks to ensure that payments reflect current market conditions for bituminous materials, providing financial adjustments to accommodate significant price variations. The contract was posted and has a response deadline of June 26, 2026. It is managed by TDOT, Tennessee's transportation agency, although no specific point of contact or organizational details are provided. The arrangement supports the accurate and fair compensation aligned with updated material costs, thereby stabilizing project budgets and aligning payment structures with market realities. The contract's nature suggests ongoing administrative oversight rather than direct procurement of materials.
General Info
Agency
NAICS
Place of Performance
Franklin, TN, USASet-Aside
Documents
This scope was carved out of CN262054.
The full solicitation package (4 documents), including the RFP, is on the prime solicitation, not on this scope.
Call 009 CN262054
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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