Proposals shall be accompanied by a certified or cashier's check on a state or national bank in an amount not less than five percent (5%) of the possible total of the bid submitted, payable without recourse to the Greater Texoma Utility Authority, or an acceptable bid bond for the same amount from a reliable surety company as a guarantee that the bidder will enter into a contract and execute required Performance and Payment Bonds within ten (10) days after notice of award of contract. The notice of award of contract shall be given to the successful bidder within ninety (90) days following the opening of bids. The successful bidder must furnish a Performance Bond upon the form provided in the amount of one hundred percent (100%) of the contract price, a material and labor Payment Bond upon the form provided in the amount of one hundred percent (100%) of the contract price, and a Maintenance Bond upon the form provided in the amount of one hundred percent (100%) of the contract price, from a surety authorized under the laws of the State of Texas to act as a surety on bonds for principals. The deadline to ask questions is 8/01/2023 12:00 PM CST A maximum of three hundred and sixty (360) calendar days will be allowed for construction. The right is reserved, as the interest of the Owner may require, to reject any and all bids, to waive any informality in the bids received, and to select bid best suited to the Owner's best interest. The project scope includes: Excavation, foundation construction, backfill, fabrication, erection, painting, site grading and clean-up for the 750,000 Gallon Composite Elevated Storage Tank Site paving and drainage improvements Water line improvements (Existing 6" DI & 8" PVC; and Proposed 8" and 12" PVC AWWA Pressure Rated Pipe) and connections between existing facilities and proposed facilities at Well Site #5 AMR System Exterior Site Lighting QA Expiration Date has changed from 8/1/2023 12:00:00 PM CST to 8/3/2023 12:00:00 PM CST