The Work of this Contract includes following projects: Desser Place Improvements, Lake Avenue Improvements, Brunswick Avenue Improvements, Stoneham Place Improvements, McCoy Avenue Improvements and Poets Avenue and Whitman Place intersection. The scope of work includes, but is not limited to, the installation of curb ramps, detectable warning surfaces, concrete curb, concrete sidewalk, concrete aprons, milling and asphalt paving, resetting and reconstruction of drainage structures, installing new drainage structures and pipes striping, cleaning sanitary lines and restoration of the project area. Simultaneously with his delivery of the executed contract and required Performance Security, the Contractor shall furnish a payment bond or bonds of face value equal to one hundred percent (100%) of the amount of the Proposal as security for the payment by the Contractor, and by all subcontractors, for all labor performed or material, provisions, provender or other supplies, teams, fuels, oils, implements or machinery used or consumed in, upon, for or about the construction, erection, alteration or repair of subject buildings, work or improvements. The surety on such bonds shall be a duly authorized surety company satisfactory to the Owner. All work in this contract shall be completed within ninety (90) calendar days All work in this contract shall be completed within ninety (90) calendar days. Contract Documents and Drawings for the proposed work, which have been prepared by the Borough Engineer, Thomas J. Herits, P.E., of the firm of Maser Consulting P.A., are available at the office of said Engineer at One River Center Building Two, 331 Newman Springs Road, Red Bank, New Jersey, and may be inspected by prospective bidders during business hours. Proposals must be made on the standard Proposal Forms in the manner designated in the Contract Documents, must be enclosed in sealed envelopes bearing the name and address of the Bidder, and the name of the work on the outside; addressed to Susan Jackson, Borough Clerk, 500 Main Street, Metuchen, NJ 08840; and must be accompanied by a statement of Consent of Surety from a surety company authorized to do business in the State of New Jersey and acceptable to the Borough and either a Bid Bond or a Certified Check drawn to the order of Treasurer of the Borough of Metuchen for not less than ten percent (10%) of the amount bid, except that the check need not exceed $20,000.00. The successful bidder is hereby notified that a performance bond for the full amount of the project is required. The award of the contract for this project will not be made until the necessary funds have been provided by the Borough of Metuchen in a lawful manner. The Borough of Metuchen or the Engineer reserves the right to require a complete financial and experience statement from prospective bidders showing that they have satisfactorily completed work of the nature required before furnishing proposal forms or specifications, or before awarding the Contract. Proposals for this Contract will be accepted only from bidders who have properly qualified in accordance with the requirements of the Contract Documents. The right is also reserved to reject any or all bids or to waive any informalities where such informality is not detrimental to the best interest of the Borough of Metuchen. The right is also reserved to increase or decrease the quantities specified in the manner designated in the Specifications.