Base Bid The East Twin Park Splash Pad project includes installation of the proposed splash pad equipment that is provided by the Owner. Also includes demolition of existing pavement and vegetation, earthwork, sanitary sewer, storm sewer, water service, electrical service, colored PCC pavement, standard PCC pavement, open shade structure, surface restoration and miscellaneous associated work necessary for a complete and operational splash pad. Contractor to pick up splash pad components purchased by Owner at Webster City street department building located at 100 E. Ohio St. Webster city, IA 50595. Contractor shall coordinate and install splash pad components per manufacturer's specifications, recommendations and requirements. Add Alternate #1: Add parking stalls and connecting sidewalk. See plans for additional inform Add Alternate #2 Add walkway from shelter area to playground and basketball court areas. See plans for additional information. Each Bidder shall accompany its bid with bid security as defined in Iowa Code Section 26.8, as security 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 City of Webster City, for the faithful performance of the Contract, in an amount equal to one hundred percent (100%) of the amount of the Contract. The Bidder's security shall be in the amount fixed in the Instructions 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 City of Webster City. 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 one hundred percent (100%) of its Contract price. Said Bond shall be issued by a responsible Surety approved by the City of Webster City 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 the City of Webster City 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 (2) years from and after acceptance of the Contract. The construction start date is Wednesday, May 1, 2024. The Notice to Proceed is anticipated to be issued after satisfactory review of executed bonds, insurance, and contract and the start date. The work shall be diligently worked to completion. Substantial completion of the project shall be July 30, 2024. The Contractor shall fully complete the project by August 31, 2024. Fully completion includes having a functioning splash pad, all pavements, utilities, and site restoration and ALL work areas open to use by the public. Work once commenced shall be diligently worked to completion. Should the Contractor fail to fully complete the work within the time allotted, liquidated damages of Five Hundred Dollars ($500) per working day shall be applied for each calendar day until the work is fully complete. The City of Webster City 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 City.