***As of March 24, 2021 project has not been awarded yet. A timeline for award has not yet been established. Cost Estimate $1,415,500. - $1,564,500. The Bid Bond shall be in the form required by the awarding authority, having as surety thereto such surety company or companies acceptable to the DAS Commissioner and as are authorized to do business in this State, for an amount not less than 10 percent of the bid. Apparent Low Bidder: Within ten (10) business days after receipt of the Letter of Intent from DAS/CS, the Apparent Low Bidder shall substitute for the certified check or bid bond accompanying its bid an executed performance bond, in the amount not less than 100 percent of the contract price, conditioned upon the faithful performance of the contract, and having as surety thereto such surety company or companies satisfactory to the Commissioner and as are authorized to transact business in this State. This bond is to be furnished pursuant to C.G.S. 49-41, as revised. See Section 00 92 10 Additional Forms of this Project Manual for a template. Apparent Low Bidder: Within ten (10) business days after receipt of the Letter of Intent from DAS/CS, the Apparent Low Bidder shall submit a labor and material bond in the amount not less than 100 percent of the contract price which shall be binding upon the award of the contract to such bidder, with surety or sureties satisfactory to the Commissioner and as are authorized to transact business in this State, for the protection of persons supplying labor or materials in the prosecution of the work provided for in the contract for the use of each such person. Any such bond furnished shall have as principal the name of the successful Bidder. This bond is to be furnished pursuant to C.G.S. 49-41, as revised. See Section 00 92 10 Additional Forms of this Project Manual for a template. Includes SBE/MBE Requirements YES Qualified Partnership NO This Project DOES NOT exceed Threshold Limits. Set-Aside Requirements: SBE Subcontractors &/or Suppliers: 25%; MBE Subcontractors &/or Suppliers: 6.25% Contract Time Allowed: Calendar Days: 180 Liquidated Damages: $ 2,093.00 Per Calendar Day Beyond Substantial Completion. $ 578.00 Per Calendar Day Beyond 90 days After Substantial Completion. The Commissioner of the Connecticut Department of Administrative Services reserves the right to do any of the following without liability, including but not limited to: (a) waive technical defects in the bid proposal as he or she deems best for the interest of the State; (b) negotiate with a contractor in accordance with Connecticut General Statutes Section 4b-91; (c) reject any or all bids; (d) cancel the award or execution of any contract prior to the issuance of the "Notice To Proceed"; and (e) advertise for new bids.