The work covered by the plans and specifications includes: all plant fabrication, labor, equipment, supplies and materials in performing all operations necessary for the replacement of an existing retaining wall and culvert on Paine Road in Leroy Township with the construction of a drilled shaft with soldier piles and lagging retaining wall and a reinforced concrete 3-sided frame culvert on spread footings and all proposed appurtenances. The work also includes pavement planning, asphalt intermediate and surface courses, guardrail, storm sewer and related items the bid must be accompanied by an original sealed document (uploaded for online bidders) in the form of a bond for the full amount (100%) of the bid OR by a certified check, cashier's check, or irrevocable letter of credit equal to ten percent (10%) of the amount bid, drawn on a solvent bank located in Lake County and payable to the Treasurer of Lake County, Ohio, as surety that if the bid is accepted, a contract will be entered into and its performance properly secured. All online Bidders must submit original within 3 days of bid opening. Should any bid be rejected said surety shall forthwith be returned to the bidder and should any bid be accepted such bid bond, certified check, cashier's check, or letter of credit will be returned to the bidder upon proper execution and securing of the contract. The successful bidder will be required to execute the contract within ten (10) days after the award of the work to him/her, and he/she shall furnish acceptable bond or surety, if not filed previously to the satisfaction of the County of Lake, Ohio for the faithful performance of said contract in the sum of one hundred percent (100%) of the total amount of the bid. In case of failure to execute the contract as stated or to furnish bond and/or surety, the bidder shall be considered to have abandoned the contract and is then liable for the difference between his/her bid and the next lowest bid, not to exceed ten percent (10%) of the amount bid. Wage Rates - Each employee employed by the contractor or any subcontractor and engaged in work on the project under this contract shall be paid prevailing wage rates for Public Improvements as provided by the appropriate Sections of the Ohio Revised Code. For further information, contact OBES Wage and Hour Division (614) 644-2239 or contact the Lake County Prevailing Wage Coordinator (440) 350-2770. This shall occur regardless of any contractual relationship which may be said to exist between the contractor or any subcontractor and such employee. Engineer's or Architect's Estimate of Cost: $2,650,000.00 to $2,930,000.00 All work under this contract shall be completed by Friday, September 6, 2024. The County reserves the right to reject any or all bids *The value for this project is based on a financial range. The value is listed as the highest possible cost from the range provided by a stakeholder or official project document.