2022 PY CDBG Alley Reconstruction Project All proposals or bids offered must be accompanied by a bid bond, cash, or a certified or cashier's check made payable to the President and the Board of Trustees of the Village of Riverdale in the amount of not less than five percent (5%) of the total amount of the 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. No bid shall be withdrawn after the opening of the proposals without the consent of the President and the Board of Trustees of the Village of Riverdale for a period of 45 days after the scheduled time of closing bids. The successful bidder for the construction of the improvement will be required to file a performance bond equal to one hundred percent (100%) of the bid, with sureties to be approved by the President and Board of Trustees, which performance bonds shall be conditioned upon proper and faithful performance by the Contractor of the work specified in accordance with the plans and specification therefore, according to the time and terms and conditions of the contract; and also that the bidder and contractor shall properly pay all debts incurred by the Contractor in the execution of the work, including those for labor and materials furnished. Payments to the Contractor will be made by the Village only after it has received the funds to make such payments from the County of Cook in accordance with the terms of the aforesaid agreement. Applicable Federal Requirements All laborers and mechanics employed by Contractor or Subcontractor(s) on construction work for this project shall be paid wages at rates not less than those prevailing on similar construction in the locality as determined by the Secretary of Labor in accordance with the Davis-Bacon Act as amended (40 U.S.C. 276-276a-5), and shall receive overtime compensation in accordance with and subject to the provisions of the Contract Work Hours and Safety Standards Act (40 U.S.C. Sections 327-333), and the Contractor and Subcontractor(s) shall comply with all regulations issued pursuant to these Acts and other applicable Federal laws and regulations pertaining to labor standards. The Contractor shall be required to furnish sufficient insurance or guaranty of indemnity to the Village of Riverdale, Illinois, the County of Cook, Illinois, and the Engineer against any and all claims which might arise for damages to persons or property due to the negligence of the Contractor or Subcontractors, or their officers, agents, employees or servants, during the construction of said improvement and until the said improvement has been finally accepted as complete by the President and Board of Trustees of the Village of Riverdale, Illinois. The right to reject any and all proposals or bids is reserved. Excavation of asphalt alley pavement and installation of aggregate base course with geogrid material, pavement removal, curb removal, sidewalk removal, garage apron removal, adjustment of frames and lids, installation of storm sewer structures, installation of combination concrete curb and gutter Type B-6.12, pcc sidewalk, pcc driveway aprons, pcc alley pavement at alley returns, installation of hma binder course (IL 19,0), Installation of hma surface course (Mix D), Clss D pavement patching and landscape restoration