Old Kirk Road General Construction Bidders will be required to certify that for all Work to be performed pursuant to the Contract Documents, Contractors and Subcontractors shall pay not less than the prevailing Rate of Wages as found and determined by the Department of Labor or as are determined by the Court of Appeal, Kane County, to all laborers, workman, and mechanics performing work on the Project in Kane County, Illinois, under the Contract. Each Bid shall be accompanied, in a separate sealed envelope, by Bid security in an amount of not less than 10% of the Bid. Bid Bonds must be executed by corporations authorized to contract as Surety in the State of Illinois and in a form described in the Contract Documents. Bid security shall be forfeited if the Bidder fails or refuses to sign and deliver a signed Agreement and furnish required contract security. Upon notification of award, Successful Bidder shall furnish contract security in the form of performance and payment bonds described in the Contract Documents. Performance of the Work will start within 21 calendar days after date of Notice to Proceed. Work shall be completed within the time stated in the Contract Documents. The City reserves the right to refer acceptance of any Bid for a period not to exceed 90 calendar days after the date Bids are to be received. The City reserves the right to consider such factors as time of completion of the Work, materials and methods of construction, experience and responsibility of the Bidder, and similar factors in determining which Bid it deems to be in its best interests. Any bidder may withdraw his or her bid by letter or telegraphic request or, with proper identification, by personally securing the bid proposal at any time prior to the time fixed for opening of bids and provided that written confirmation of any telegraphic withdrawal over the signature of the Bidder is placed in the mail and postmarked prior to the time set for bid opening. Telephonic requests to withdraw a bid will not be considered. The City is exempt from the Illinois Retailers Sales and Occupation Tax. An exemption certification will be furnished upon request. The City reserves the right to reject any or all Bids, to waive informalities or technicalities in any Bid and to accept the Bid which it deems to be in the best interest of the Owner.