The extent of the work consists generally of the installation of new curb and gutter, modification of existing sanitary sewer manholes, limited storm sewer, sidewalks and reconstruction of driveways along Third Street from 220th Street to Adams Street in the City of Winthrop, Iowa. Time for Commencement and Completion of Work. Work on the improvement may be commenced upon approval of the contract by the Council and be completed as stated below. Contractor shall fully complete in 35 working days with a late start date of July 8, 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. 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. The City of Winthrop reserves the right to reject any and all bids. Site Address: Third Street Site Directions: Along Third Street from 220th Street to Adams Street Document note: Project bid documents must be downloaded from online which will add your company to the plan holder list and allow NHL-2 access to vBid online bidding for the submittal of your bid (which is required for this project). Bidders will be charged a fee of $47.00 to submit a bid electronically. For this project, bids will be received and accepted via the online electronic bid service through online. Downloading the electronic bid documents is required from online in order to submit an online bid even if hard copy plans are purchased from the office of the Engineer.