Issues a request for bids (RFB) from qualified contractors for the purpose of creating dual left travel lanes from Ridgewalk Parkway onto Main Street North and from Main Street North onto Ridgewalk Parkway including, but not limited to graded aggregated base, asphalt topping, concrete median, curb and gutter, class B widening, thermoplastic striping, grading and traffic control as listed in Exhibit D. The work to be performed includes but is not limited to graded aggregated base, asphalt topping, a concrete median, curb and gutter, class B widening, thermoplastic striping, grading, and traffic control. The City of Woodstock will be responsible for demo of the existing median on Ridgewalk Pkwy and filing in with base. Pricing shall be valid for a period of 60 days after the RFB submittal date. The Contractor shall submit a progress payment request after thirty (30) days for the completed work. The City shall make a progress payment to the Contractor on the basis of a duly certified and approved progress payment for the work performed during the thirty (30) days under this contract, but to insure the proper performance of this Contract, the City shall retain ten percent (10%) of the amount of each pay app as retainage up to fifty percent (50%) of the total project if such work is satisfactory and completed on schedule as determined with the City. Bidder further agrees to pay as liquidated damages the sum of $250 per each consecutive calendar day that the Bidder shall be in default after the date stipulated in the contract for completing the work. 1-year warranty is required on all materials and workmanship The successful bidder will be required to furnish OWNER with Insurance and Workman's Compensation Insurance. Upon award of this RFB, a 100% project value performance and payment bonds must be provided to City. CONTRACTORS and SUBCONTRACTORS bidding on this Project will be required to comply with all Federal, State, territorial, and local laws.