Opportunity
Prosper Town Ionwave #2026-24-B
Coit Road paving, drainage, utility, and streetscape construction
Posted
October 09, 2026
Respond By
November 05, 2026
Identifier
2026-24-B
NAICS
237310, 237990, 237120
The Town of Prosper is seeking a construction contractor for a major Coit Road paving and underground drainage project shared with the City of Celina and involving TxDOT intersection work. - Buyer: Town of Prosper, Texas — Purchasing Office. The work includes Town of Prosper items, City of Celina items, and shared TxDOT intersection items. - Solicitation: CSP 2026-24-B / CIP 2534-ST. The project runs along Coit Road from Prosper Trail to 1,400 feet north of Frontier. - Scope: Furnish labor, equipment, and materials to build four lanes of an ultimate six-lane divided concrete roadway with curb and gutter and underground drainage. Related work includes pavement removal and construction, storm drainage, waterline work, traffic control, lighting, landscaping, and irrigation. - Estimated value: Engineer’s estimate is $18,742,316.68. - OEMs and vendors: No commercial OEMs, manufacturers, or product vendors are named. TxDOT is referenced for project standards and shared intersection items, not as a product vendor. - Notable requirements: Contractors must provide proposed durations for substantial and final completion; work is to start within 10 days after written notice to proceed. The contractor must document at least three comparable projects completed in the Dallas–Fort Worth Metroplex within the preceding five years. Bid security is 5%; required performance, payment, and maintenance bonds are 115%, 100%, and 100% respectively. The maintenance bond covers material and workmanship defects for two years after acceptance. - Evaluation: Cost, proposed timeline, and qualifications/experience are weighted 65%, 25%, and 10%, respectively.
Description
The Town of Prosper is seeking competitive sealed proposals for Coit Road paving and drainage improvements on Coit Road from Prosper Trail to 1,400 feet north of Frontier (CIP 2534-ST). Work includes furnishing labor, equipment, and materials and constructing four lanes of an ultimate six-lane concrete, curb-and-gutter divided roadway with underground drainage. Proposals may be submitted online through IonWave.net or in hard copy to the Town’s Purchasing Office by November 5, 2026, at 2:00 p.m. CT. The engineer’s estimate is $18,742,316.68; proposals require bid security of 5% of the maximum proposed amount.