The Project consists of furnishing all labor, equipment and materials (except as otherwise specified), and performing all work necessary for the construction of traffic signal installations at the intersections of FM 1171 at Canyon Falls, Garden Ridge at Forest Vista, and FM 2499 at Firewheel. July 19, 2023, at 12:00 pm will be the deadline for receipt of bidder questions. A Bid Bond in the form of a cashier's check, a certified check, or an acceptable bidder's bond made payable without conditions to the "Town of Flower Mound, Texas" in an amount of not less than five percent (5%) of the total amount of the bid submitted, must accompany each bid as a guarantee that if awarded the contract, the bidder will promptly enter into a contract and execute such bonds as are required and provide evidence of all required insurance coverage. All bidders' security will be retained until a contract has been awarded and executed. Performance Bond: A good and sufficient performance bond in an amount not less than one hundred percent (100%) of the total amount of the contract shall be filed with the Town in accordance with the general conditions and supplementary conditions In the contract documents. Payment Bond: A good and sufficient payment bond in an amount not less than one hundred percent (100%) of the total amount of the contract, shall be filed with the Town in accordance with the general conditions and supplementary conditions In the contract documents. Maintenance Bond: A good and sufficient maintenance bond in an amount not less than one hundred percent (100%) of the total amount of the contract for a period not less than two (2) years following the date of final acceptance, shall be filed with the Town in accordance with the general conditions and supplementary conditions In the contract documents. The Town reserves the right to accept the bid which, in its judgment is the lowest responsible bid; to reject any or all bids; and to waive irregularities or informalities in any bid received, deemed to be in the best interest of the Town. Conditional or qualified bids will not be accepted. In case of ambiguity or lack of clarity in one or more prices listed in the bid proposal, the Town reserves the right to accept the most advantageous construction of the proposed price(s) to the Town or to reject the bid. No officer or employee of the Town shall have a financial interest, direct or indirect, in any contract with the Town of Flower Mound. No bid may be withdrawn, cancelled or rescinded within one hundred twenty (120) days after the Closing Time without prior written approval of the Purchasing Manager. The Town has elected not to publish an Engineer's Estimate for this project.