Waterworks Fittings A bid bond is not required for this project. A pre-bid meeting will not be held If a bid bond is required, it must be in the amount of 5.0% of the bid amount and in the form of EJCDC bid bond form C-430 or another form acceptable to the City attorney. As an alternative to the bid bond, City will accept a cashier's check to the City in the amount of 5.0% of the bid amount or an irrevocable standby letter of credit in the amount of 5.0% of the bid amount that is in a form and substance acceptable to the City Attorney. Payment bonds are required for any contract exceeding $50,000 for the construction, alteration, or repair of any City building, public work or improvement Performance bonds are required for any contract exceeding $50,000 for the construction, alteration, or repair of any City building, public work or improvement. Performance bonds must be in the full amount of the contract price. Performance bonds must be in the form of EJCDC performance bond form C-610 or another form acceptable to the City attorney. Performance bonds must be provided before any notice to proceed is issued. Questions about or requests for interpretation of this request for bids/proposals, any of the plans and specifications, or any bid/proposal requirements may be directed via e-mail to jodie.theis@wyomingmi.gov. No questions or interpretations will be issued later than 4 days before the due date for bids. City reserves the rights to do any or all of the following: 1. Cancel any bid, order, and/or contract in whole or in part without penalty due to failure of a proponent/contractor to comply with the specifications. 2. Reject any or all bids. 3. Waive any irregularities, nonconformities, or technicalities of any bid. 4. Correct any bid during tabulation so a discrepancy in computing the amount of the bid is resolved by using quoted unit prices. 5. Review the experience, qualifications, and other information about any proponent and any identified subcontractor or consultant submitted as part of the bid/proposal. 6. Inquire of others about any bidder/proponent, identified subcontractor(s) or consultant(s), and their personnel. 7. Require background checks of the personnel of any proponent or identified subcontractor or consultant of any proponent to be undertaken at the expense of the proponent. 8. Negotiate with one or more selected proponent(s). 9. Award the bid and/or contract in a manner and to such proponent as deemed to be in City's best interests. These Terms and Conditions apply to any contract awarded pursuant to the request for bids/proposals. By submitting a signed bid/proposal, the proponent attests it complies with and promises it will comply with these Terms and Conditions, except to the extent the proponent's bid/proposal identifies any contract term(s) the proponent is unable to meet or the proponent wishes to see modified and for which it proposes specific modifications. Questions about or requests for interpretation of this request for bids/proposals, any of the plans and specifications, or any bid/proposal requirements may be directed via e-mail to jodie.theis@wyomingmi.gov. City reserves the right to require City pre-approval of lodging, transportation, and other travel costs.