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800 Baldwin Ave
Renovation
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Public - City
800 Baldwin Ave, Waukegan, IL
Accompany bids with Bid Bond in an amount of Ten Percent (10%) of the aggregate of the Base Bid amount and all Alternate Bid amounts only as a guarantee that, if award is made, the bidder will sign the agreement and furnish the required bonds within five days or forfeit his bid security as liquidated damages, but not as a penalty. Execute Bid Bond on form furnished by the Architect or on form which is acceptable to the State of Illinois and issued by a Surety meeting all the standards of the state of Illinois Department of Insurance Accepted Bidder: Provide a Performance and Labor and Material /Payment bond. 1. Provide a 100 percent Performance Bond on AIA 312. 2. Provide a 100 percent Payment Bond on AIA 312. 3. Deliver bonds within 3 days after execution of the Contract Question Deadline 07/26/2023 at 3:00 PM CT The Owner reserves the right to reject any or all bids or parts thereof at its sole discretion. The Owner reserves the right to waive any or all irregularities or informalities in the bidding procedures.
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