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June 8, 2023

July 10, 2023

January 1, 2024

421 NW Blvd

Renovation

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Public - State/Provincial

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421 NW Blvd, Clinton, NC

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The meeting is also to identify preferred brand alternates and their performances standard is that the owner will consider for approval on this project. In accordance with General StatuteGS133-3, Specifications may list one or more preferred brands as an alternate to the base bid in limited circumstances. Specifications containing a preferred brand alternate under this section must identify the performance standards that support the preference. Performance standards for the preference must be approved in advance by the owner in an open meeting. Any alternate approved by the owner shall be approved only where (i) the preferred alternate will provide cost savings, maintain or improve the functioning of any process or system affected by the preferred item or items, or both, and (ii) a justification identifying these criteria is made available in writing to the public. Each proposal shall be accompanied by a cash deposit or a certified check drawn on some bank or trust company, insured by the Federal Deposit Insurance Corporation, of an amount equal to not less than five percent (5%) of the proposal, or in lieu thereof a bidder may offer a bid bond of five percent (5%) of the bid executed by a surety company licensed under the laws of North Carolina to execute the contract in accordance with the bid bond. Said deposit shall be retained by the owner as liquidated damages in event of failure of the successful bidder to execute the contract within ten days after the award or to give satisfactory surety as required by law. A performance bond and a payment bond will be required for one hundred percent (100%)of the contract price. Payment will be made based on ninety-five percent (95%) of monthly estimate sand final payment made upon completion and acceptance of work. No bid may be withdrawn after the scheduled closing time for the receipt of bids for aperiodof30 days. The owner reserves the right to reject any or all bids and to waive informalities.

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