Construct a new paved parking lot on vacant lot adjacent to the existing Laurel Elementary School in Johnson County, Tennessee. All Bidders must be licensed contractors as required by Contractor's Licensing Act of 1994 (TCA Title 62, Chapter 6) of the General Assembly of the State of Tennessee. A bid will not be opened unless the outside of the sealed envelope containing the bid provides the following information: the Contractor's license number, the date of the license's expiration, a quotation of that part of his classification applying to the bid, and monetary limits. The HVAC, plumbing, electrical, geothermal and masonry subcontractor's name, license number, date of the license expiration and that part of each classification applying to the bid if value of work is $25,000 or greater ($100,000 or greater for masonry); if value of the subcontractor's work is less than $25,000 ($100,000 for masonry), the bid envelope is to include the subcontractors name followed by the phrase "Subcontractor's Bid Is Less Than $25,000" ($100,000 for masonry) after each appropriate heading. If a particular subcontractor will not be utilized this project, insert "None Required" or "NA". A five percent (5%) Bid Security is required. The successful Contractor shall be required to produce a Performance Bond, Material and Labor Bond, and Insurance as required by the contract documents, and enter into a contract with the Owner. Failure to do so will result in the forfeit of the Bid Bond. Non-discrimination policy applies to this project. Five percent (5%) Bid Security, Drug Free Workplace Affidavit, Iran Divestment Act Form, Vendor Information and Anti-Collusion Statement, Non-Boycott of Israel Certification, Background Check Compliance Form, and a copy of the Bidder's State Contractor's License must be completed and returned with bid package. Question Deadline 10/03/2024 Bidders shall submit questions about the bidding documents to the Designer in writing A bidder may not withdraw a bid submitted until a period of sixty (60) days has elapsed from the time of the opening of the bids. The Owner reserves the right to reject any or all bids, to waive informalities, and to accept the bid or bids that are judged to be in the best interest of the Owner. BID SECURITY: A bid bond in the amount of five percent (5%) of the Bid is required and shall be issued by a surety company licensed to do business in the State of Tennessee, made payable to the Owner. The Attorney-in-fact who executes as bid bond on behalf of a Surety shall be licensed to do business in the state which the project is located , and shall attach to the bid bond a certified and current copy of his Power of Attorney. The Owner will have the right to retain the Bid Security of bidders to whom an award is being considered until either (a) the Contract has been executed, or (b) the specified time has elapsed so that Bids may be withdrawn, or (c) all Bids have been rejected. Should the successful Bidder refuse to enter into Contract or fail to furnish all required attachments properly executed, the amount of the bid security shall be forfeited to the Owner as liquidated damages, not as a penalty. BONDS: The successful Bidder shall provide a Performance Bond and Labor and Materials Payment Bond in the amount of one hundred percent (100%) of the contract sum, and a Roof Bond if it is a part of the bidding documents. The bonds shall be executed on AIA Document A312, current edition. The Surety company issuing the bonds shall be licensed to do business in the State in which this building is being built. The Attorney-in-Fact who executes the bonds on behalf of the Surety shall be licensed by the State in which this building is being built, and shall attach to the bonds a certified and current copy of his Power-of Attorney. The receipt and acceptance of the aforesaid bonds by the Owner will be a condition precedent to the effectiveness of the contract for the construction. The inability to provide satisfactory bonds shall disqualify the contractor and its bid. Any notice of award to the contractor from Owner that may have been issued prior to receipt of acceptable payment and performance bonds will be deemed conditioned on acceptance on the bonds. Achieve Substantial Completion of the Work as follows: Forty-five (45) calendar days from and including the date stipulated in the Notice to Proceed. Accept the Conditions for Liquidated Damages in the amount of $500 per calendar day