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August 1, 2023
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300 S West Ave
Renovation
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Public - State/Provincial
300 S West Ave, El Dorado, AR
A five percent (5%) corporate Bid Bond or a certified check in the amount of five percent (5%) of the bid shall accompany all submitted bids on construction contracts that exceed $20,000.00 in accordance with ACA 22-9-203. Bidders must comply with all requirements of Contractors Licensing Laws ofthe State of Arkansas, Act 150 of 1965, as amended, and Arkansas Code 22- 9-204 section 3.6(a). A Performance and Payment Bond, equal to the amount of the contract, and issued by a surety approved by the owner and authorized to do business in the State of Arkansas will be required of the successful bidder The Owner reserves the right to reject any or all bids and to waive formalities. Proposals which fail to comply fully with any provision of the Plans, Specifications and other Contract Documents will be considered invalid and will not receive consideration. If Substantial Completion date is not achieved, the Contractor hereby agrees to pay the sum of $250.00 per calendar day as liquidated damages for each day Substantial Completion is delayed
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