The work for the Larson Street Pump Station project includes all materials, equipment, and labor necessary for construction of 10" diameter sanitary sewers by trenched and trenchless construction, a 6" force main by trenched and trenchless construction, and pump station. The location of improvements is primarily between Forest Drive and W Jackson Street, and southeast of W Larson Street. Work includes approximately 30 LF of 10" sanitary sewer, approximately 100 LF of 6" force main by trenched construction, pump station including wet well, valve vault, and meter vault, and related work including manholes, connections, erosion control, surface restoration and miscellaneous associated work. The Larson Street Pump Station work consists of two stages. Stage 1 includes construction of the wet well, valve vault, meter vault, construction of a 6-inch sanitary sewer force main, connection to the existing force main, pump installation, construction of a 10-inch gravity main, and all related work. Stage 2 includes construction of the bypass system, demolition of the existing pump station, and all related work. 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 Jurisdiction, for the faithful performance of the contract, in an amount equal to 100% of the amount of the contract. The bidder's security shall be in the amount fixed in the Instruction 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 Jurisdiction. The bid shall contain no condition except as provided in the specifications. The City of Knoxville reserves the right to defer acceptance of any bid for a period of sixty (60) calendar days after receipt of bids and no bid may be withdrawn during this period. Each successful bidder will be required to furnish a corporate surety bond in an amount equal to 100% of its contract price. Said bond shall be issued by a responsible surety approved by the City of Knoxville 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 Knoxville 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 two (2) years from and after acceptance of the contract. Stage 1 of the project will be substantially completed and in operation no later than June 30, 2025. The entire project will be finally completed in its entirety with seeding no later than September 30, 2025. The Contractor may commence work any time after receipt of the signed Notice to Proceed, weather and specifications permitting. Should the contractor fail to complete the work in this timeframe, liquidated damages of $500 per calendar day will be assessed for work not completed within the designated contract term. The bid security must be in the minimum amount of 10% of the total bid amount including all add alternates (do not deduct the amount of deduct alternates). Bid security shall be in the form of a cashier's check or a certified check, drawn on an FDIC insured bank in Iowa or drawn 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 executed by a corporation authorized to contract as a surety in Iowa or satisfactory to the Jurisdiction. The bid bond must be submitted on the enclosed Bid Bond form as no other bid bond forms are acceptable. All signatures on the bid bond must be original signatures in ink; facsimile (fax) of any signature or use of an electronic signature on the bid bond is not acceptable. Bid security other than said bid bond shall be made payable to City of Knoxville. "Miscellaneous Bank Checks," and personal checks, as well as "Money Orders" and "Traveler's Checks" issued by persons, firms, or corporations licensed under Chapter 533C of the Iowa Code, are not acceptable bid security. The City of Knoxville 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 jurisdiction