Site Directions: The project shall be constructed in various locations throughout the City of Ionia, within city limits. Each bidder shall accompany its bid with bid security as defined in Iowa Code Section 26.8, assecurity that the successful bidder will enter into a contract for the work bid upon and will furnish after the award of contract a corporate surety bond, in a form acceptable to the Jurisdiction, for the faithful performance of the contract, in an amount equal to 100% of the amount of the contract. The bidder's security shall be in he amount of 5% of the bid, as fixed in the Instruction to Bidders and shall be in the form of a cashier's check or a certified check drawn on an FDIC insured bank in Iowa or on an FDIC insured bank chartered under the laws of the United States; or a certified share draft drawn on a credit union in Iowa or chartered under the laws of the United States; or a bid bond on the form provided in the contract documents with corporate surety satisfactory to the Jurisdiction. The bid shall contain no condition except as provided in the specifications. Each successful bidder will be required to furnish a corporate surety bond in an amount equal to 100% of its contract price. Said bond shall be issued by a responsible surety approved by City of Ionia and shall guarantee the faithful performance of the contract and the terms and conditions therein contained and shall guarantee the prompt payment of all material and labor, and protect and save harmless City of Ionia from claims and damages of any kind caused by the operations of the contract and shall also guarantee the maintenance of the improvement caused by failures in materials and construction for a period of two years from and after acceptance of the contract. The guaranteed maintenance period for new paving shall be four years. Contractor shall complete the project no later than June 28, 2024. Should the contractor fail to complete the work in this timeframe, liquidated damages of $1,000.00 per calendar day will be assessed for work not completed within the designated contract term. Liquidated damages can be assessed against both completion dates. The City of Ionia does hereby reserve the right to reject any or all bids, to waive informalities, and to enter into such contract, or contracts, as it shall deem to be in the best interest of the jurisdiction. The project generally includes furnishing all labor, material, and equipment necessary for the construction and installation of 8" sanitary pipe, sewer cleaning, sanitary pipe lining replacement, removing protruding connections, site restoration, and other miscellaneous items. The project shall be constructed in various locations throughout the City of Ionia, within city limits.