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October 12, 2023
November 1, 2023
May 31, 2024
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$794,519.00
Public - City
Multiple Locations, Greenwich, CT
The Town of Greenwich reserves the right to reject any and all bids . The awarded Contractor will be required to provide insurance coverage as specified on the Insurance Requirements Sheet, Exhibit A, of this RFB. The Acord certificate of insurance form must be executed by your insurance agent/broker and returned to this office. The Bid Bond shall be 5% of the total lump sum of the bid and shall be enclosed in the sealed envelope containing the bid. Each Bid Bond may be held by the Town as security for the fulfillment of the Bidder's 'agreement' set forth on the bid Reply Sheets. Should the Bidder fail to fulfill such agreements the Bid Bond shall become payable to the Town, as liquidated damages, otherwise, the Bid Bond shall become null and void. PERFORMANCE, MAINTENANCE, AND PAYMENT BOND For bids greater than $100,000, the awarded Contractor will be required to furnish a Performance, Maintenance, and Payment Bond on the Town of Greenwich form which follows in Exhibit D (attached) in the amount of the Gross Sum of the project, including allowance for contingencies and extra work, and/or Contract price within seven (7) days of the work order. The bond must be duly executed and acknowledged by said Contractor as principal and by a surety company qualified to do business under the laws of the State of Connecticut and satisfactory to the Town, as surety, for the faithful performance of the Contract and payment for labor and materials. The Contractor shall pay the premium for such bond. A letter from the bonding company, stating that the Performance, Maintenance, and Payment Bond can be obtained within seven (7) days of request, should be provided with the bid. Questions can be directed to the Contract Compliance Unit, Wage and Workplace Standards Division, Connecticut Department of Labor, 200 Folly Brook Blvd., Wethersfield, CT 06109 at 860-263-6790.
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