The Work includes the following principal items: Crack Seal, Seal Coat, and Re-mark Runway 11/29 Total Contract Time for completion of the work is thirty (30) calendar days. Liquidated damages for delay will be in the amount of $500.00 per calendar day that the project remains incomplete after the specified completion time. Other sets may be obtained for the same deposit, which will be refunded as above, less $50.00 for printing, reproduction, handling and distribution. No partial or "split sets" will be issued. All checks for copies of the Bidding Documents shall be made payable to Barge Design Solutions. Bid Security: Each BIDDER must deposit with his BID, as Bid Security, a Bid Bond payable to the OWNER in an amount equal to five (5) percent of the total amount Bid, but in no case more than $10,000.00. Contract Security: The Successful BIDDER will be required to furnish separate performance and payment bonds payable to the OWNER. Each bond shall be in an amount equal to 100% of the Contract Price as security for CONTRACTOR'S faithful performance and payment of all obligations under the Contract Documents. No BID may be withdrawn by the BIDDER within ninety (90) days after actual date of opening thereof. BIDS in the case of corporations not chartered in Alabama, must be accompanied by proper certificate evidencing that such corporation is authorized to do business in the State of Alabama. Bids are to be based upon prevailing wages in Geneva County, Alabama; and in no case are wages considered less than those predetermined by the Secretary of Labor, a schedule of which is contained in the Contract Documents. The Successful BIDDER whether a resident or nonresident shall be required to comply with all City, County and State licensing and/or permit laws. Any contract(s) awarded pursuant to this ADVERTISEMENT FOR BIDS may be funded in part by a grant from the U.S. Department of Transportation, Federal Aviation Administration. Neither the United States nor any of its departments, agencies or employees is or will be a party to this ADVERTISEMENT FOR BIDS or any resulting contract. This procurement will be subject to regulations contained in Airport and Airway Department Act of 1982, as amended. The Owner reserves the right to refuse to issue a proposal form to a prospective bidder should such bidder be in default for any of the following reasons: (a) Failure to comply with any prequalification regulations of the Owner, if such regulations are cited, or otherwise included, in the proposal as a requirement for bidding. (b) Failure to pay, or satisfactorily settle, all bills due for labor and materials on former contracts in force (with the owner) at the time the owner issues the proposal to a prospective bidder. (c) Contractor default under previous contracts with the Owner. (d) Unsatisfactory work on previous contracts with the Owner. BIDS shall be on the forms included in the Bidding Documents and submitted in a sealed envelope clearly identified on the outside as follows: BID FOR CONSTRUCTION OF IMPROVEMENTS TO GENEVA MUNICIPAL AIRPORT AIP PROJECT 3-01-0034-014-2019 SUBMITTED BY: (Name of Bidder with Bidder's Current Alabama General Contractor's License Number). The BID shall be addressed to: Honorable Frankie Lindsey MAYOR 517 South Commerce Street Geneva, Alabama 36340 BIDS submitted by mail shall be registered.The OWNER reserves the right to reject any and all BIDS, to waive any informalities or irregularities in the BIDS received, and to accept the BID which is deemed most favorable to the OWNER at the time and under the conditions stipulated.