**As of October 25th, 2023 - the bids from this project's September 26th rebid have all been rejected and this project will rebid in the future.** The successful Bidder is allowed 120 calendar days to complete the Project from the commencement date stated in the Agreement or a Notice to Proceed. Liquidated damages will be assessed at $1,000.00 for each consecutive calendar day for which the work is not substantially complete and $1,000.00 for each consecutive calendar day beginning the 46th day after the date of Substantial Completion for which all punch list work is not complete. Bids must be accompanied by a bid security equal to five percent (5%) of the base bid and include all additive alternates in the form of a certified check, cashiers check or bid bond. A bid bond shall be written by a company that complies with the provisions of La. R.S. 38:2218C. The successful bidder is required to furnish a Performance Bond in an amount equal to one hundred percent (100%) of the contract amount and a Payment Bond in an amount equal to one hundred percent (100%) of the contract amount written by a company that complies with the provisions of La. R.S. 38:2219. Minority, female-owned, and Section 3 contracting firms are encouraged to submit bids. The apparent low bidder must complete and deliver to Southern University at the address stated above within ten (10) calendar days after the date of the opening of the Bids- the sworn affidavit required to comply with La. R.S. 38:2212.10 regarding an employee status verification system, the signed no conviction affidavit required by La. R.S. 38:2227, the non-collusion affidavit required by La. R.S. 38:2224, the anti-lobbying certificate, and other required documents as specified in the Bidding Documents. No bid may be withdrawn for a period of 45 days after the date of the bid opening except as provided by law. Bidders must meet the requirements of the State of Louisiana Contractors Licensing Law, R.S. 37:2151 et seq. NOTE: Bids shall only be accepted from contractors who are licensed under louisiana contractors licensing law for the major classification of building construction. The award of a contract for this advertisement and continuation of such a contract is contingent upon Southern University obtaining sufficient financing to fulfill the requirement of the contract as applicable. If Southern University is unable to obtain sufficient financing to complete this contract, the contract shall be cancelled or terminated. The Owner reserves the right to reject any and all bids for just cause. The Available Funds for Construction (AFC) is One Million Dollars ($1,000,000.00) in accordance with La. R.S. 38:2212(A)(1)(b), the provisions and requirements of this Section; and those stated in the bidding documents shall not be waived by any entity. This value is for the base bid and not inclusive of any alternates. Southern University reserves the right to award the project on whatever basis is in the interest of the Owner and to accept or reject any or all bids and to waive technicalities and informalities.