The Project includes, without limitation, furnishing all necessary labor, materials, equipment and other incidental and appurtenant Work necessary to satisfactorily complete the Project, consists of and includes asbestos abatement, removal of existing roofing system, construction of new roofing system, and other relevant work at City Hall and Sheriff Station located at 4319 E Slauson Ave, Maywood, CA as more specifically described in the Contract Documents. This Work will be performed in strict conformance with the Contract Documents, permits from regulatory agencies with jurisdiction, and applicable regulations. The quantity of Work to be performed and materials to be furnished are approximations only, being given as a basis for the comparison of Bids. Actual quantities of Work to be performed may vary at the discretion of the City Engineer. BONDS. Each Bid must be accompanied by a cash deposit, cashier's check, certified check or Bidder's Bond issued by a Surety insurer, made payable to the City and in an amount not less than ten percent (10%) of the total Bid submitted. Personal or company checks are not acceptable. Upon Contract award, the Contractor shall provide faithful performance and payment Bonds, each in a sum equal to the Contract Price. All Bonds must be issued by a California admitted Surety insurer using the forms set forth in the Contract Documents, or in any other form approved by the City Attorney. Failure to enter into the Contract with the City, including the submission of all required Bonds and insurance coverages, within fifteen (15) Days after the date of the mailing of written notice of contract award to the Bidder, shall subject the Bid security to forfeiture to the extent provided by law. LICENSES. Each Bidder shall possess a valid C-39 Contractor's license issued by the California State Contractors License Board at the time of the Bid submission, unless this Project has any federal funding, in which case the successful Bidder must possess such a license at the time of Contract award. Contractor must employ an asbestos abatement contractor for the asbestos abatement activities that has a California C22 Contractor's License in good standing with the Contractor's State License Board and is registered with the California Division of Occupational Safety & Health ('DOSH' or 'Cal/OSHA'). The successful Contractor must also possess a current City business license. RETENTION SUBSTITUTION. Five percent (5%) of any progress payment will be withheld as retention. TIME OF COMPLETION. The Contractor shall complete all work within 40 working days of the issuance of the Notice to Proceed. BIDDING PROCESS. The City reserves the right to reject any Bid or all Bids, and to waive any irregularities or informalities in any Bid or in the bidding, as deemed to be in its best interest. LIQUIDATED DAMAGES. Liquidated damages is $500 per calendar day. If there are any questions regarding this project, please contact in writing via e-mail: Okan Demirci, PE, Okan.Demirci@transtech.org