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July 10, 2023
August 10, 2023
October 19, 2023
Multiple Locations
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Public - State/Provincial
Multiple Locations, Monroe, LA
The Owner reserves the right to reject any and all bids received for just cause per State Public Bid Law. Each Bid must be accompanied by a Bid bond payable to the Owner for five percent of the total amount of the Bid. As soon as the Bid prices have been compared, the Owner will return the bonds of all except the three lowest responsible Bidders. When the Agreement is executed the bonds of the remaining unsuccessful Bidders will be returned. The Bid bond of the successful Bidder will be retained until the payment bond and performance bond have been executed and approved, after which it will be returned. A certified check may be used in lieu of a Bid bond. A performance bond and a payment bond each in the amount of 100 percent of the Contract price, with a corporate surety approved by the Owner, will be required for the faithful performance of the contract. The contractor will commence the work required by the contract documents within 10 calendar days after the date of the notice to proceed and will complete the same within 70 consecutive calendar days unless the period for completion is extended otherwise by the contract documents.
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