The project generally includes the installation of approximately 1,069 LF of storm sewer, 961 LF of 6-inch and 8-inch underdrain, underdrain cleanouts, 2,738 SY of pavement removal, 612 SY of PCC full depth patch and PCC Pavement, 1,266 SY of permeable interlocking pavers, 568 SY of PCC edge restraint, storage aggregate, filter aggregate, bedding aggregate, and other associated work. Each bid must be accompanied by a bid security in a separate sealed envelope consisting of either: (1) by a cashier's check or certified check in the amount of five percent (5%) drawn on an Iowa bank or a bank chartered under the laws of the United States; or (2) a Bid Bond or credit union certified share draft in the amount of five percent (5%) of the bid, drawn on a credit union in Iowa or chartered under the laws of the United States. The successful bidder will be required to furnish a bond in an amount equal to one hundred percent (100%) of the contract price, said bond to be issued by a responsible surety approved by the Owner and which shall guarantee a faithful performance of the Contract and the terms and conditions therein contained and shall guarantee the prompt payment of all materials and labor and protect and save harmless the Owner from claims and damages of any kind caused by the operations of the Contractor and shall also guarantee the maintenance of the improvements constructed for a period of four (4) years after completion and acceptance by the Owner. The work under the proposed contract shall commence as described herein after receiving the written "Notice to Proceed". The "Notice to Proceed" is anticipated to be issued within seven (7) days of the Effective Date of the Agreement, and Contract Times for the Work will commence no later than April 8, 2024. All work shall be completed within dates as included in the contract documents. Milestone 1 shall include all work as part the Base Bid, as indicated on the Drawings, including all utilities and surface restoration, and shall be completed by June 21, 2024. The work shall be substantially completed by August 30, 2024, and ready for final completion on or before October 4, 2024, subject to any changes by the Owner. Milestone 2 shall include all work as part the Base Bid and Bid Alternate No. 1, as indicated on the Drawings, including all utilities and surface restoration, and shall be completed by July 26, 2024. The Owner reserves the right to reject any or all bids and to waive informalities. The Owner reserves the right to defer acceptance of any bid for a period not to exceed forty-five (45) days from the date of receipt of bids.