The Project includes the following Work: The project consists of asphaltic concrete milling, deep patching (as directed), excavation of unsuitable material as needed, replacement, grading, compaction of grade aggregate base course as needed, patching, asphalt overlay of the rehabilitated area with 1 1/2 -inches of 9.5 mm Superpave, installation or replacement of thermoplastic striping as directed, replacement of approximately 130 LF of concrete sidewalk, traffic control, erosion control, and dust control on College Street from SR 29/Atlanta Hwy to 6 th Avenue in the City of Auburn, GA. Bid security shall be furnished in accordance with the Instructions to Bidders. Bid security shall be submitted with each bid in the amount of 5 percent of the total bid amount. No bid may be withdrawn for a period of 60 calendar days after opening of bids. Owner reserves the right to reject any and all bids and to waive informalities and irregularities. No proposal will be considered unless it is accompanied by satisfactory evidence that the Bidder holds either a Georgia State Contractor's License, Georgia State Utility Contractor's License, or qualifications with the Georgia Department of Transportation for similar work, in compliance with Act. O.C.G.A. 43-14 and 43-41. Failure to provide the bidder's license or qualification number on the outside of the sealed proposal will result in rejection of the bid. If the Contract is to be awarded, Owner will award the Contract on the basis of the base bid alone. All required federal, state, and local permits as well as required easements or rights of way for the project have been obtained. Successful bidder shall begin the Work on receipt of the Notice to Proceed and shall complete the Work within the Contract Time of 45 calendar days. Owner shall make progress payments on account of the Contract Price on the basis of Contractor's Applications for Payment submitted once per month as provided in the General Conditions.