MAILING INSTRUCTIONS: ALL BIDS ARE TO BE ADDRESSED TO THE OFFICE OF THE CITY SECRETARY. PLEASE MARK PLAINLY ON THE ENVELOPE, IN THE LOWER LEFTHAND CORNER, "BID PROPOSAL." CAUTION: It is the bidder's responsibility to ensure that bids are received in the City Secretary's Office prior to the date and time specified above. Receipt of qualifications in any other City office does not satisfy this requirement. No bids may be withdrawn after the scheduled closing time for the receiving bids, for at least ninety (90) days. The City reserves the right to reject any and/or all bids and to waive formalities. THIS PROJECT IS FINANCIALLY ASSISTED WITH FEDERAL FUNDS MADE AVAILABLE UNDER THE HOME INVESTMENT PARTNERSHIPS (HOME) PROGRAM (24 CFR PART 92) THROUGH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). PERTINENT LEGAL REQUIREMENTS ARE INCLUDED IN THE BID PACKAGE. EQUAL OPPORTUNITY EMPLOYER. IN ADDITION, IF THE CONTRACT AMOUNT EXCEEDS $200,000.00, THE WORK PERFORMED UNDER THIS CONTRACT WILL BE SUBJECT TO THE REQUIREMENTS OF SECTION 3 OF THE HUD ACT OF 1968, AS AMENDED, 12 U.S.C. 1701U (SECTION 3). THE PURPOSE OF SECTION 3 IS TO ENSURE THAT EMPLOYMENT AND OTHER ECONOMIC OPPORTUNITIES GENERATED BY HUD ASSISTANCE OR HUD-ASSISTED PROJECTS COVERED BY SECTION 3, SHALL, TO THE GREATEST EXTENT FEASIBLE, BE DIRECTED TO LOW- AND VERY LOW-INCOME PERSONS, PARTICULARLY THOSE WHO ARE RECIPIENTS OF HUD ASSISTANCE FOR HOUSING. Each bid must be accompanied by certified check of the bidder, or a bid bond, duly executed by the bidder as principal, in the amount of 5% of the total bid for any bid exceeding $25,000.00. Such checks or bid bonds will be refunded promptly after the City and the successful bidder have executed the contract, or if no award has been made within 90 days after the date of the opening of bids, upon demand of the bidder at any time thereafter, so long as he has not been notified of the acceptance of his bid. Labor and Material Payment Bond in the amount of one hundred percent (100%) of the award amount ensuring the payment of all obligations of the Contractor under the contract summary. Performance Bond in the amount of one hundred percent (100%) of the award amount ensuring performance of the Contractor. If the bonds are not kept in effect during the project term, the City may assess liquidated damages in the amount of $100 per day until the required bonds certificates have been submitted to the City.