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December 7, 2023
January 1, 2024
May 9, 2025
601 6th St
Service, Maintenance and Supply
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Public - City
601 6th St, Corning, IA
Documents for this project are exclusively Specifications. If Plans become available, we will add them here.
Furnishing and setting in place one new 7.5 MVA Substation Transformer. The Contract Times shall commence on the thirtieth day after the Effective Date of the Agreement and the Goods are to be delivered to the Point of Destination and ready for Buyer's receipt of delivery on (or within a period of 45 days prior to) May 9, 2025. If the Goods are not delivered within the times specified, Seller shall pay Buyer $500 for each day that expires after the time specified. A Bid must be accompanied by Bid security made payable to Buyer in an amount of 5 percent of Bidder's maximum Bid price and in the form of a certified check, bank money order, or a Bid Bond (on form attached) issued by a surety meeting the requirements of Paragraph 4.01.B of the General Conditions. Any provisions for liquidated damages, such as those for Seller's failure to attain a Milestone, or to deliver the Goods or furnish Special Services within the Contract Times, are set forth in the Agreement. The successful bidder will be required to furnish a performance bond in an amount equal to one-hundred percent (100 percent) of the contract price, said bond to be issued by a responsible surety approved by the Corning Municipal Utility Board and shall guarantee the faithful performance of the contract and terms and conditions therein contained and shall guarantee the prompt payment for all materials and labor and protect and save harmless Corning Municipal Utilities from claims and damages of any kind caused by the operations of Contractor.
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