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January 20, 2021
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IA-3
Site Work
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$999,973.00
Public - State/Provincial
IA-3, Storm Lake, IA
Counties: Buena Vista Project ID: 210120 S3 Working Days : 75 BRFN-003-2(70)--39-11 ROUTE: IOWA 3 Ditch 0.4 mi W of Co Rd M54 A proposal guaranty, not less than the amount as set forth in the proposal form, shall be filed with each proposal. The proposal guaranty shall be in the form of a certified check or credit union certified share draft, cashiers check, money order or bank draft drawn on a solvent bank or credit union. Certified checks or credit union certified share drafts shall bear an endorsement signed by a responsible official of such bank or credit union as to the amount certified. Cashiers checks, money orders or bank drafts shall be made payable either to the contracting authority or bidder; and, where made payable to the bidder, shall contain an unqualified endorsement to the contracting authority signed by the bidder or the bidders authorized agent. A properly completed Contractors Annual Bid Bond (form 650043) may be used in lieu of the monetary options specified above. Both forms are available from the Office of Contracts. These must be delivered to the Office of Contracts at the address above, Iowa DOT personnel will be available to accept proposal guaranties during regular business hours of 8:00 a.m. to 4:30 p.m. A Proposal Guaranty/Bid Bond (Form 518003) may be used for the proposal guaranty in lieu of that specified above, using the electronic bid bond verification feature authorized by the Department. Failure to execute a contract and file an acceptable performance bond and certificate of insurance within 30 days of the approval date for awarding the contract will be just and sufficient cause for the denial of the award and forfeiture of the proposal guaranty. On federal-aid projects, where disadvantaged business enterprise (DBE) goals have been established, the bidder is required to complete and submit form 102115 with the bid documents. On all projects without DBE goals, the contractor must show that affirmative action has been made to seek out and consider DBEs as potential subcontractors. Minimum wage rates for all federal-aid projects have been predetermined by the U.S. Secretary of Labor and are set forth in the specifications. However, this does not apply to projects off the federal-aid highway system. All federal-aid projects are subject to the Contract Work Hours Standards Act, as amended (title I of Pub. L. 87-581, Aug. 13, 1962, 75 Stat.357) and implementing regulations. The Iowa Dot reserves the right to waive technicalities and reject any or all bids. Iowa DOT - Bid Order Number: 004 - RCB Culvert Replacement - Twin Box
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