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Iowa (IA)

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Marion

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52302

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January 9, 2024

May 28, 2024

July 23, 2024

Multiple Locations

Paving, Site Work

No Information to Display

$202,000.00

Public - City

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Multiple Locations, Marion, IA

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The general nature of the work on which bids are requested is: 1254 LF of curb and gutter removal, 1254 LF of 24" PCC curb and gutter, 1278 LF of 6" HDPE Subdrain, 5 Subdrain Cleanouts, 140 LF of 24" RCP Storm Sewer, 2 Storm Sewer Manholes, 29 SY of 7" PCC Pavement, and miscellaneous related work and appurtenances in accordance with the contract documents. 10% bid bond Each successful bidder shall be required to furnish a corporate surety bond in an amount equal to one hundred percent (100%) of its contract price. Said bond 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 shall guarantee the prompt payment of all material and labor, and protect and save harmless the City from claims and damages of any kind caused by the operations of the contract.. Upon completion of the project and before final acceptance by the City Council, the contractor will be required to post a maintenance bond (2-year for sewer or 4-year for paving) or be required to pay the City 1.5 percent of the final contract amount to pay for the applicable maintenance bond. Such 1.5 percent shall not be refundable to the contractor and the City will act as the bonding agent. Posting of the maintenance bond or the cash payment will be the election of the City Engineer, all in accordance with Ordinance 77-21 of the City of Marion In lieu of a maintenance bond, the performance and payment bonds may provide coverage for the specified maintenance term. A separate and distinct statement to this effect must be included on the bonds. Work shall commence ne earlier than May 28th, 2024, and no later than August 5th, 2024, and be completed within 40 working days. Liquidated damages in the amount of $300.00 per working day will be assessed for work not completed within this time.

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