The work for the Sam Wise Sports Complex Renovation Phase 3 project includes all materials, equipment, and labor necessary for construction. The location of improvements is softball fields 5 and 6, and baseball fields 5 and 6. Work includes approximately 3,511 LF of chain link fence removal and replacement including backstops and dugouts; 1,781 CY of skinned infield removal and replacement; removal and replacement of 8 dugouts with PCC pads; installation of infield turf on baseball fields 5 and 6; removal and storage of bleachers for reinstallation on new PCC pads; regrading of infields subbase; installation of 1,457 LF of 4-inch perforated subdrain and 526 LF of 6-inch perforated subdrain, in the infields; 1 portable pitching mound; installation of automatic irrigation systems for infield wet down and infield turf watering; and a four-year maintenance bond. Each bidder shall accompany its bid with bid security as defined in Iowa Code Section 26.8, as security that the successful bidder will enter into a contract for the work bid upon and will furnish after the award of contract a corporate surety bond, in a form acceptable to the Jurisdiction, for the faithful performance of the contract, in an amount equal to 100% of the amount of the contract. The bidder's security shall be in the amount fixed in the Instruction to Bidders and shall be in the form of a cashier's check or a certified check drawn on an FDIC insured bank in Iowa or on an FDIC insured bank chartered under the laws of the United States; or a certified share draft drawn on a credit union in Iowa or chartered under the laws of the United States; or a bid bond on the form provided in the contract documents with corporate surety satisfactory to the Jurisdiction. The bid shall contain no condition except as provided in the specifications. The City of Altoona reserves the right to defer acceptance of any bid for a period of sixty (60) calendar days after receipt of bids and no bid may be withdrawn during this period. Each successful bidder will be required to furnish a corporate surety bond in an amount equal to 100% of its contract price. Said bond shall be issued by a responsible surety approved by the City of Altoona and shall guarantee the faithful performance of the contract and the terms and conditions therein contained and shall guarantee the prompt payment of all material and labor, and protect and save harmless the City of Altoona from claims and damages of any kind caused by the operations of the contract and shall also guarantee the countenance of the improvement caused by failures in materials and construction for a period of two (2) years from and after acceptance of the contract. The entire project will be substantially completed and in operation no later than December 20, 2023. The Contractor shall provide a proposed schedule prior to commencing work. The Contractor may commence work any time after receipt of the signed Notice to Proceed, weather and specifications permitting. Should the contractor fail to complete the work in this timeframe, liquidated damages of $250 per calendar day will be assessed for work not completed within the designated contract term The City of Altoona does hereby reserve the right to reject any or all bids, to waive informalities, and to enter into such contract, or contracts, as it shall deem to be in the best interest of the jurisdiction.