The City of Bentonville, Arkansas is accepting formal, sealed bids from properly qualified, licensed, and experienced contractors to perform the 2023 Bentonville Street Overlay, inclusive of but not limited to the furnishing of all tools, labor and materials and performing the necessary work to be done in the street resurfacing, water valve, manhole and parking lot asphalt application. The work shall include but shall not be limited to the application of an estimated 1,598 (one thousand five hundred ninety-eight) tons of ACHM overlay, 16,881 (sixteen thousand eight hundred eighty-one) square yards of Asphalt Milling to specified City streets with adjustment of manholes and water valves to grade, for the City of Bentonville Street Department. All necessary work, materials, and every item of construction shall be in accordance with the plans and specifications as prepared by the City in the IFB-23-48 Bidding Documents. All Bids must be accompanied by a Bid Guarantee in the form of a bid bond, certified check, or cashier's check in the amount of 5% (five percent) of the Total Bid Price, payable without condition to the City of Bentonville, as a guarantee that the Bidder will enter into a contract and execute performance and payment bonds after the Notice of Award has been issued. The Bid Guarantee shall provide that the Bidder or surety must pay the damage, loss, cost, and expense subject to the amount of the Bid Bond directly arising out of the Bidder's default in failing to execute and deliver the Contract and bonds. Personal checks and company checks are NOT acceptable as a Bid Guarantee. Any bid submitted shall be void unless accompanied by a cashier's check drawn upon a bank or trust company doing business in the State of Arkansas or by a corporate bid bond. Bidders shall adhere to the bonding requirements as specified in the IFB-23-48 Bidding Documents. Questions must be submitted via written communication only to purchasing@bentonvillear.com. The deadline to submit questions related to this Invitation is July 19, 2023, at 4:30 PM CST, after this time the City will only provide clarifications or responses pertaining to items in the Bidding Documents that do not result in a change or Addendum The City of Bentonville Purchasing Department encourages qualified small, minority and women owned businesses to participate and submit Bids for City projects/purchases. The City reserves the right to cancel this request at any time in accordance with the City's best interest. The City also reserves the right to reject any Bid received and to waive irregularities in accordance with the City's best interest. Submitters agree that such rejection shall be without liability on the part of the City of Bentonville for any damage or claim brought by any Bidder because of such rejections, nor shall the Submitter seek any recourse of any kind against the City because of such rejections. The filing of any Bids in response to this Invitation shall constitute an agreement of the Bidder to these conditions.