Project Scope: the Project Consists of Interior Remodeling, Displacement Ventilation Chilled Beams, New Light Fixtures, Unit Ventilators, Replacing Steam Distribution, Boiler Scope, Converting Steam to Hot Water, New Water Heater and Mains, and New Addition Consisting of HVAC / Mechanical Construction, General Trades Construction, Electrical Construction, Temperature Controls Construction, Testing, Adjusting, and Balancing, and Other Related Work Indicated in the Drawings and Specifications. The Project is Located in the Sigourney Elementary at 509 S. Jefferson Street, Sigourney, IA, 52591 The Board of Directors Shall Award Contracts for the Project Within Forty-five (45) Days of the Bid Opening. A More Detailed Description of the Kinds and Approximate Quantities of Materials and Types of Construction for Which Bids Will Be Received Are Set Forth in the Bidding Documents Prepared by Sitelogiq, Which, Together With the Proposed Form of Contract, Have Heretofore Been Tentatively Approved by the Board of Directors of the Sigourney Community School District, Subject to Public Hearing, and Are Now on File for Public Examination at the District's Administration Office Located at 909 East Pleasant Valley Street, Sigourney, Ia 52591, and Are by This Reference Made Part Hereof as Though Fully Set Out and Incorporated Herein. Each Proposal Shall Be Accompanied by a Bid Bond, Certified Check, Cashier's Check or Certified Share Draft in a Separate Sealed Envelope, Clearly Marked "bid Bond" or Bid Security", in an Amount Equal to Five Percent (5%) of the Total Amount of the Proposal. The Certified or Cashier's Check Shall Be Drawn on a Bank in Iowa or a Bank Chartered Under the Laws of the United States of America or the Certified Share Draft Shall Be Drawn on a Credit Union in Iowa or Chartered Under the Laws of the United States and Payable to the Sigourney Community School District. Said Check or Share Draft May Be Cashed, or the Bid Bond Forfeited as Liquidated Damages in the Event the Successful Bidder Fails or Refuses to Enter Into a Contract Within Ten (10) Days of Issuance of a Notice of Award and Post Bond Satisfactory to the School District Insuring the Faithful Fulfillment of the Contract and Maintenance of Said Improvements as Required by Law. The Bid Bond Should Be Executed by a Corporation Authorized to Contract as a Surety in the State of Iowa and Must Not Contain Any Conditions Either in the Body or as an Endorsement Thereon