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March 28, 2019
April 1, 2019
August 30, 2019
3380 Cedar Glade Rd
Renovation
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Public - City
3380 Cedar Glade Rd, Naperville, IL
The construction phase for this portion of work is slated to begin in April and reach substantial completion in August of this year. The work consists of development of the 95th Street Community Plaza per the project plans and specifications. Requirements and Performance Bond 1. If a bid is accepted, a Labor & Material Payment Bond, payable to the Naperville Park District, for not less than one hundred (100%) percent of the contract amount will be required prior to beginning construction. A Performance Bond, payable to the Naperville Park District, for not less than one hundred (100%) percent of the contract amount will be required prior to beginning construction. Such bonds shall include the provision guaranteeing the faithful performance of the Prevailing Wage Act. The surety on the bond shall be a company that is licensed by the Department of Insurance authorizing it to execute surety bonds and the company shall have a financial strength rating of at least A- as rated by A.M. Best Company, Inc., Moody's Investors Service, Standard & Poor's Corporation, or a similar rating agency. 2. If a bid is accepted, the Contractor will be required to file a written substance abuse prevention program with the Owner for the prevention of substance abuse among its employees prior to the commencement of the work. Said program shall be available to the general public. Award of Contract It is anticipated that the contract will be awarded in April 2019. The Park District reserves the right to reject any non-responsive or non-responsible bids or to reject all bids and waive any informality or technicality in any bid in the interest of the Naperville Park District.
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