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Iowa (IA)

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Strawberry Point

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52076

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January 11, 2024

April 1, 2024

May 20, 2024

Park Ave

Paving, Site Work

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$224,675.00

Public - City

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Park Ave, Strawberry Point, IA

11

5

10

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The project consists generally of the installation of new sanitary sewer main, new sanitary sewer service stubs with clean outs, pavement and surface restoration. The project runs from Park Avenue along 1st Street to Commercial Street having a length of approximately 600 feet Bid Security. Each bidder shall accompany its bid with bid security 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 form acceptable to the Jurisdiction, for the faithful performance of the contract, in an amount equal to one hundred percent of the amount of the contract. The bidder's security shall be in the amount of 5% of the total bid amount including all add alternates and shall be the Jurisdiction's bidder's bond with corporate surety satisfactory to the Jurisdiction. No other type of bid security will be accepted. The bidder's bond shall contain no condition except as provided in the specifications. Performance, Payment, and Maintenance Bond. The successful bidder will be required to furnish a construction performance, payment, and maintenance bond in an amount equal to one hundred percent (100%) of the contract price. Said bonds to be issued by a responsible surety approved by the City Council and shall guarantee the faithful performance of the contract and the terms and conditions therein contained and the maintenance of said improvements in good repair from the time of acceptance of the improvements by the City for not less than two (2) years. Contractor shall fully complete in 35 working days with a late start date of April 1, 2024. Liquidated Damages in the amount of $600.00 per Working Day will be assessed for each Working Day that any work shall remain uncompleted beyond the number of Working Days allowed. The City of Strawberry Point reserves the right to reject any and all bids.

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