Modernize Elevators, Buildings 8 Location/Physical Address State OB Campus 1220 Washington Ave Albany, NY 12226-1800 County: Albany MBE Goal: 15% WBE Goal: 15% SDVOB Goal: 6% Estimated Cost: $1,000,000 - $2,000,000 Bid Deposit: $44,000.00 Allows zero unit prices and labor Yes Allows negative unit prices and labor Yes * Design for this project commenced after January 1, 2020. Pursuant to Public Buildings Law 8(6), effective January 11, 2020, for any projects where the project design commenced on or after January 1, 2020 and for any contracts over $5,000 for the work of construction, reconstruction, alteration, repair, or improvement of any State building, a responsible and reliable NYS-certified Minority or Women-Owned Business Enterprise that submits a bid within ten percent of the lowest bid will be deemed the apparent low bidder provided that the bid is $1,628,283 or less, adjusted annually for inflation as of March 1, 2024. If more than one responsible and reliable MWBE firm meets these requirements, the MWBE firm with the lowest bid will be deemed the apparent low bidder. The State Reserves the Right to Reject Any or All Bids. Each bid must be prepared and submitted in accordance with the Instructions to Bidders and must be accompanied by a bid security (i.e. certified check, bank check, or bid bond in the amount of $38,100 for E). All successful bidders will be required to furnish a Performance Bond and a Labor and Material Bond pursuant to Sections 136 and 137 of the State Finance Law, each for 100% of the amount of the Contract estimated to be between $500,000 and $1,000,000 for E. A Performance Bond and a Labor and Material Bond, each in an amount equal to the contract sum, shall be supplied with the executed Agreement and shall be the statutory form of public bonds required by Sections 136 and 137 of the State Finance Law. participation and 0% for Women-Owned Business Enterprises (WBE) participation (based on the current availability of qualified MBEs and WBEs) for Elevator Work . , 3% for the E trade contractor site visit info : Note that parking restrictions and security provisions will apply, and all vehicles will be subject to search. Refer to Document 002218 for any additional requirements for attendance at the pre-bid site visit. Phone the office of Jennifer Deuel (518-408-3406) a minimum of 48 hours in advance of the date to provide the names of those who will attend the pre-bid site visit. Only contractors that schedule a visit at least 48 hours in advance will be allowed to participate in the pre-bid site visit. The Office of General Services reserves the right to reject any or all bids. *The value for this project is based on a financial range. The value is listed as the highest possible cost from the range provided by a stakeholder or official project document.