The work will include but is not limited to the installation of a new traffic signal at the intersection of Summit Avenue and Passaic Street, the installation of new Pedestrian Signals at the intersection of Beech Street and First Street, and installation of new Pedestrian Signals at the intersection of Central Avenue and First Street within the City of Hackensack along with the appropriate restoration work as specified within the Contract Documents. Bid Proposals must be placed in a sealed envelope, and the envelope must clearly bear the name and address of Bidder and the name of project on the outside addressed to the City Clerk, City of Hackensack, Bergen County, New Jersey and must be accompanied by a Non-Collusion Affidavit and a Certified Check or Bid Bond for not less than ten (10%) percent of the amount Bid, provided said check need not be more than $20,000.00, nor shall not be less than $500.00, and a Consent of Surety from a Surety Company authorized to transact business in the State of New Jersey in a sum equal to one hundred (100%) percent of the amount Bid. The submitted Bid Proposals shall be complete with the Bid description and the name and address of the Bidder marked clearly on the outside of the envelope. Prevailing Wage Rates in accordance with Wage Determinations to the Prevailing Wage Act, N.J.S.A. 34:11-56.25 et seq., and N.J.S.A. 34:1B-5.1, Chapter 150, Laws of 1963 will apply to the Contract. Attention is called to the fact that the Contractor must ensure that employees and applicants for employment are not discriminated against because of their race, creed, color, sex or national origin and to the greatest extent possible, opportunities for training and employment shall be given to lower income residents of the project area and that, when possible, Contracts shall be awarded to business concerns owned by area Residents. Bids for Proposals in excess of $100,000.00 must be accompanied by a written Affirmative Action Plan. The City of Hackensack reserves the right to consider Bids for sixty (60) days after their receipt. The right is reserved to waive any informalities, to accept Bids which it deems most favorable to the interest of the City, to make an award on each item separately or as a whole and to accept any Bid or to reject any or all Proposals in accordance with the Specifications and the Proposal Forms. Contractors shall also be advised that this Project is being funded by the NJDOT Municipal Aid Programs. As such, all requirements must be followed by the Contractor in the performance of this Contract. Federal Prevailing Wage Rates shall prevail in this Contract. Small, Minority and Women's Business Enterprises are encouraged to obtain Specifications and compete for the Contract. By Order of the Mayor and City Council, City of Hackensack, County of Bergen, State of New Jersey.