DESCRIPTION OF WORK: Work for which proposals are to be received is for Runway 9-27 Extension project at the Van Wert County Regional Airport including earthwork, asphalt paving, runway grooving, pavement markings, light and sign removal, the installation of new conduit, cable, lights, signs, and necessary incidentals to complete the work as detailed on the Contract Drawings and specified in the Contract Documents titled Runway 9-27 Extension. The contractor shall provide all labor, equipment, and material necessary to complete the work. All work is located at the Van Wert County Regional Airport, 901 Elks Drive, Van Wert, OH 45891. Copies of the bid documents will be made available through one of the following methods: - as digital files made available to the planholder for obtain. This remittance is not refundable. Payment shall be by money order or check and shall be made payable to Butler, Fairman, and Seufert, Inc. Bidders are required to be a plan holder of record having obtained the contract documents through the office of the Engineer. Bids not meeting this requirement will be deemed non-responsive. Bids shall be properly executed and addressed to the address shown above where bids are to be received together with the documents required by the bid forms, specifications, and related legal documents contained in the Contract Documents. No Bidder may withdraw his proposal within a period of sixty (60) days following the date set for the receiving of bids. The Owner reserves the right to retain any and all bids for a period of not more than sixty (60) days and said bid shall remain in full force and effect during said time. The Owner further reserves the right to waive informalities and to award the Contract to any Bidder all to the advantage of the Owner or to reject all bids. BID SECURITY: A bid bond with good and sufficient surety issued by a company licensed to do business in the State of Ohio or a certified check on a solvent bank equal to five percent (5%) of the total bid insuring that if the bid is accepted, a contract will be entered into and the performance of its proposal secured. BONDS: A Performance Bond and Payment Bond each in the amount of 100 percent of the Contract price will be required. OHIO REQUIREMENTS: Each bid shall be accompanied by bidder's financial statement, a statement of experience, a proposed plan or plans for performing the public work, and the equipment that bidder has available for the performance of the public work. Wage rates on the project shall not be less than the prescribed scale of wages as determined in accordance with the most recent Prevailing Wage Rates of Labor for the State of Ohio. The Owner reserves the right to reject any and/or all bids and to waive any formalities in the bidding procedure. Award or Rejections: The Contract will be awarded to the lowest responsible and responsive bidder complying with the conditions for bidding, provided the bid is reasonable and is to the best interest of the Owner to accept it. The Owner reserves the right to reject the bid of any bidder who has previously failed to perform properly or complete on time, contracts of a similar nature, who is not in a position to perform the contract, or who has habitually and without just cause neglected the payment of bills or otherwise disregarded obligations to subcontractors, materialmen, or employees. In determining the lowest responsible and responsive bidder in the best interest of the Owner, the following elements in addition to those above mentioned will be considered: whether the bidder involved (a) maintains a permanent place of business; (b) has adequate plant equipment to do the work properly and expeditiously; (c) has a suitable financial status to meet the obligations incident to the work; (d) has appropriate technical experience; and (e) has listed competent, responsible, and qualified subcontractors, material, suppliers, or vendors. A contract shall be deemed as having been unconditionally awarded when formal notice of award shall have been duly served upon the intended awardee (i.e., the bidder to whom the Owner intends awarding the Contract) by some officer or agent of the respective Owner duly authorized to give such notice. The bidder is advised that the contractor will be required to perform, with his own personnel and forces, a minimum of forty percent (40%) of the work. The Owner is under no obligation to accept the lowest or any other bid, and expressly reserves the right to accept or reject any and/or all bids, and to waive to the extent permitted by law any of the terms, conditions and provisions contained in the Advertisement for Bids or other documents, or any informality, irregularity, or omission in any bid and make any combination of bids provided that such waiver shall, in the discretion of the Owner, be to its advantage and in its best interest. Because of expected delays in the award of the contract, no bidder may withdraw his proposal for a period of one hundred twenty (120) days after the bid date. No bid will be awarded by the OWNER if the bid exceeds the following Engineer's Estimates by more than 20 percent: Base Bid $2,024,195.40