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November 4, 2021
January 4, 2022
May 15, 2024
3250 McKinney Ranch Pkwy
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$17,832,000.00
Public - City
3250 McKinney Ranch Pkwy, McKinney, TX
Each Proposal submitted shall be accompanied by an acceptable Proposer's surety bond or a proposal guaranty in the form of a certified check or cashier's check made payable to the City of McKinney in an amount not less than 5% of the greatest possible total amount of the Proposal submitted as a guarantee that, if awarded the contract, the Proposer will enter into a Contract and execute all necessary bonds and provide evidence of all required insurance coverage. All Proposer's security will be retained until a contract has been awarded and executed. The successful proposer shall furnish performance and payment bonds in the amount of 100% of the contract sum as well as evidence of all required insurance coverage within ten (10) calendar days of notice of award. The successful proposer shall also furnish a Maintenance Bond in the amount of 15% of the contract sum covering defects of material and workmanship for two calendar years following the City's approval and acceptance of the construction. An approved surety company, licensed in the State of Texas, shall issue all bonds in accordance with Texas law. Project No.: WA1626, 130-10839-000
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