Consideration to award a two-year material/labor contract FY25-001 to the following vendors: 1). Midas Contractors, Laredo, Texas in a two-year amount up to $840,000.00 (Primary Vendor); 2). Capstone Industrial Services LLC., Lake Jackson, Texas in a two-year amount up to $600,000.00 (Secondary Vendor); for concrete repairs of sidewalks, driveways, and curbs as a result of water line break repairs made by the Utilities Department. The term of this contract shall be for a period of one year beginning as of the date of its execution and is contingent upon the availability of appropriated funds. All work will be performed on an as needed basis required due to utility repairs. This contract can be renewed three additional one year extension periods, upon mutual agreement of the parties. Funding is available in the Waterworks and Sewer System Funds.

What this record is

Held by

Capstone Industrial Services LLC 4 records across this site

Amount

$840K

Runs until

October 22, 2026 5 days — goes back out to bid date calculated from a contract term stated in the record, not quoted directly

Type

award

Field

Construction

Compared to

$128K – $133K the middle half of 4 other Capstone Industrial Services LLC contracts; median $133K — this one sits well outside that, which a longer term or wider scope will do, but is worth reading

construction contracts in TX that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Capstone Industrial Services LLC also holds

Consideration for approval of FY24-ENG-23 CDBG Los Martinez Walking Trail Phase 1 Project as complete, including all warranty certificates, release of… $28K Laredo, TX Consideration to award a construction contract to the lowest responsible, responsive bidder Capstone Industrial Services, LLC., Lake Jackson, Texas, i… $128K Laredo, TX Consideration to award a construction contract to the lowest responsible, responsive bidder Capstone Industrial Services, LLC, Lake Jackson, TX, in an… $133K Laredo, TX

Committee

City Council

Requested by

Utilities

Introduced

October 22, 2024

On agenda

October 28, 2024

Where it was heard

City Council Oct 28, 2024

Watch what Laredo buys

This is one award. Laredo signs them continuously, and each one names a company and a date it runs out. Say what you sell and we will email you when the next one matches.

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