The 2024 PCC Reconstruction Program - NW Ash Drive project includes pavement reconstruction, widening for a left turn lane, and minor utility improvements along NW Ash Drive from just south of the Prairie Ridge Sports Complex parking lot to just south of NW 18th Street in the City of Ankeny. The construction improvements include the slip-form paving of approximately 4,500 SY of 8" thick PCC Class C-SUD street pavement and 110 SY of 7" thick PCC Class C driveways. Other associated improvements include Class 10 excavation, subgrade preparation, modified subbase placement, subdrain installation, removal and replacement of storm sewer structures, minor and major adjustments to existing storm sewer structures, pavement markings, temporary surface restoration, permanent surface restoration, temporary traffic control, mobilization, and miscellaneous associated work necessary to complete the project. 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 Ankeny, 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 Ankeny. 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 Ankeny 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 Ankeny 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 four (4) years from and after acceptance of the Contract The Contractor shall substantially complete the overall project within fifty (50) working days. Substantial completion for the overall project shall be defined as all utility, grading, and pavement construction completed; with the new pavement markings and signs installed; and the new streets, driveways, and sidewalks fully open to traffic. A mandatory six-day work week is not required; however, working days will be charged on Saturdays if the Contractor elects to perform bid item work. Should the Contractor fail to substantially complete the work in this timeframe, liquidated damages of One Thousand Dollars ($1,000.00) per calendar day will be assessed for work not substantially completed within the designated Contract term(s) The Contractor shall fully complete the overall project within ten (10) working days after the punch list has been provided to the Contractor following substantial completion of the overall project. Full completion for the overall project shall be defined as all work including permanent surface restoration and punch list items completed, and all improvements ready for final acceptance. Should the Contractor fail to fully complete the work in this timeframe, liquidated damages of Five Hundred Dollars (500.00) per calendar day will be assessed for work not fully completed within the designated Contract term(s) The City of Ankeny 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