The Extent of the Work Involved for 2020 Industrial Park Grading Project Consist Ofthe Following Approximate Quantities: Strip & Spread Topsoil - 11,087 CY Excavation (includes hauling, placing & compacting 47,191 CY to on-site areas and trucking, placing & compacting 4,100 CY to off-site fill areas) - 51,291 CY Silt Fence - 5,720 LF Seed and Fertilize - 21.58 AC 15" RCP Storm Sewer - 78 LF 4" PCC Trail - 78 LF Each Proposal shall be made on the Proposal form furnished by Schlotfeldt Engineering, Inc. of LeMars, Iowa, Engineers for said City, and must be enclosed in a separate sealed envelope and plainly identified. Each proposal shall be accompanied by a bid bond, certified check, cashier's check, or credit union certified share draft in a separate sealed envelope in an amount equal to five percent (5%) ofthe total amount ofthe bid. The successful bidder shall be required to furnish a "Performance Bond" in an amount equal to one hundred percent (100%) of it's Contract price, said bond to be issued by a responsible surety approved by the City Council and shall guarantee the faithful performance of the Contract and the terms and conditions therein contained and the maintenance of said Improvements for the City as required by the Specifications. The work listed shall be commenced on or before the date specified by a written Notice to Proceed from the City and shall be completed no later than September 15, 2020. Proposals will be considered by representatives of said City at a meeting to be held at the Municipal Building, LeMars, Iowa, on the day and hour above specified. At 12:00 o'clock P.M. on the 7th day ofJuly, 2020, at said place, the proposals will be considered by the City Council ofsaid City. The successful bidder shall be required to furnish a "Payment Bond" in an amount equal to one hundred percent (100%) of the Contract price, said bond to be issued by a responsible surety approved by the City Council and shall guarantee the prompt payment, as required by the law, of all persons supplying labor and materials in the execution of the work provided for in the Contract. The City reserves the right to reject any or all Proposals, re-advertise for new bids, and to waive informalities that may be in the best interest ofthe City.