The name and address of the bidder and the name of the project shall also appear on the outside of the envelope. No bid shall be withdrawn after the opening of the proposals without the consent of the Mayor and City Council for a period of forty-five (45) days after the scheduled time of closing bids. Questions are due to ggruen@cityofmchenry.org no later than 12:01 p.m. on August 14, 2023. Questions will be answered via addendum and posted on the City no later than 4:00 p.m. on August 15, 2023. A bid bond or certified check/bank draft drawn on a solvent bank, payable without condition to the City of McHenry in an amount not less than ten percent (10%) of the bid shall be submitted with each proposal, as a guarantee that, if the proposal is accepted, a contract will be entered into and the performance of the contract is properly secured. A performance bond in a sum equal to one hundred percent (100%) of the amount of the bid, with sureties to be approved by the City of McHenry for the faithful performance of the contract, must be furnished by the successful bidder. All bids or proposals shall contain an offer to furnish bond upon acceptance of such bid or proposal. The right is reserved to reject any or all proposals, to waive technicalities, to postpone the bid opening, or to advertise for new proposals, if in the judgment of the City of McHenry their best interests will be promoted thereby. The contractor will be required to pay not less than the prevailing wage rates on this project as established by the United States Department of Labor. He shall also comply with all applicable Federal, State and local regulations. Bidder qualifications and experience will also be included in the basis for determining the lowest responsible bidder. Pre-qualification will be required to be submitted to the Engineer by all potential bidders. If in the opinion of the engineer and the City of McHenry, an applicant would not be able to serve the best interest of the City, a proposal will not be issued to the applicant.