The Housing Authority of the City of Los Angeles ("HACLA") invites contractors to submit firm fixed-price sealed bids for buildout of lobby renovations for the six-story, 79-unit market rate apartment building located at 5050 W. Pico Boulevard, Los Angele. Question Deadline 07/14/2023 at 11:00 AM PT questions concerning this solicitation: Housing Authority of the City of Los Angeles General Services Department Attn: Hadi Otaky, Contract Administrator 2600 Wilshire Boulevard, 4th floor Los Angeles, California 90057 Phone: (213) 817-2319 Email: Hadi.Otaky@hacla.org . Each bidder must submit with its bid a bid guarantee equivalent to 5% of the bid price.1 The bid guarantee may be in the form of a certified check, bank draft, U.S. Government Bonds at par value, a bid bond secured by an acceptable surety company, or any other negotiable instrument acceptable to HACLA's Contracting Officer. The amount of the payment bond required to be posted is 100% of the value of the first year of the Contract, as determined by HACLA. If this is a design-build project, the amount of the payment bond required to be posted is 100% of the value of the construction portion of the Work. Otherwise, the payment bond amount will be 100% of the Contract award. The Contractor awarded the Contract will be required to post a Performance bond as a guarantee of the faithful performance of the requirements of this Contract in the amount of not less than one hundred percent (100%) of the contract award. Contractor is responsible for all related bond costs; Contractor will not be reimbursed for any bond costs. The undersigned acknowledges the business has sufficient bonding capacity to post payment and performance bonds equal to the 100% of value of the bid. HACLA reserves the right, however, to terminate the Contractor's completion of the Work, charging against Contractor and its sureties any excess cost occasioned HACLA thereby, together with liquidated damages accruing until such time as HACLA or surety may reasonably complete the Work. Permitting Contractor or surety to continue and complete the Work, or any portion thereof, after the time fixed herein for completion, or after the expiration of any extensions of said time, shall in no way operate as a waiver on the part of HACLA of any of its rights under this Contract. The duration of the project from the inception to completion is 90 calendar days after the established date on the Notice to Proceed.