The scope of work consists of the installation of a new 150,000 gallon single pedestal spheroidal elevated water storage tank along with a mixing system, cathodic protection system, telemetry system, and related electrical improvements. The work also involves site work including approximately 477 feet of 12" WL, 915 feet of 8" WL, related waterline bends, tees, and valves, connection to an existing 12" WL, connection to an existing 6" WL, 138 feet of 12" storm sewer, 2 catch basins, 1 storm manhole, and related site improvements and restoration items. The work also includes demolition of the existing 100,000 gallon water tower. A bid guarantee instrument must be submitted with the bid. The bid guarantee instrument shall be in the form of a Bid Guarantee and Contract Bond for the FULL AMOUNT of the bid OR a certified check, cashier's check, or irrevocable letter of credit for an amount equal to ten percent (10%) of the bid in accordance with Section 153.54 of the Ohio Revised Code. The bid guarantee shall be made payable to the Village of Pemberville, Ohio, and is to be held as a guarantee that in the event the bid is accepted, and a contract is awarded to the BIDDER, the contract will be duly executed, and its performance properly secured. Bid security furnished in Bond form shall be issued by a Surety Company or Corporation licensed in the State of Ohio to provide said surety When a check or letter of credit is used, the successful BIDDER(s) shall be required to furnish a Contract Bond for payment and performance in a sum of not less than one hundred percent (100%) of the total contract amount. The bond shall be that of an approved surety company authorized to transact business in the State of Ohio and shall be underwritten by a surety that is listed on the most current Department of the Treasury Circular 570, "Surety Companies Acceptable on Federal Bonds Each proposal must contain the full name of the party or parties submitting the proposal and all persons interested therein. Each bidder must submit evidence of its experiences on projects of similar size and complexity. No bidder may withdraw his bid for a period of sixty (60) days after the scheduled closing time for the receipt of bids. The Village of Pemberville reserves the right to reject any or all bids, to waive any informalities or irregularities in the bids received, and to accept any bid that it deems most favorable