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September 7, 2023
November 8, 2023
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800 S Morris St
Renovation
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$6,274,451.00
Public - City
800 S Morris St, Gainesville, TX
Proposal security in the amount of 5% of the largest possible total of Proposals submitted shall accompany each Proposal in accordance with the Instruction to Offerors. K. Statutory Bonds for performance of the contract and for payments of mechanics and materials shall be required in an amount equal to 100% of the accepted Proposal. L. The Owner reserves the right to hold all Proposals for thirty (30) days from date of receipt without action, to reject any and all Proposals, to waive irregularities, and to require statements or evidence of Offerors qualifications including financial statements. Liquidated damages shall be assessed the Contractor at the rate of $500 per day for each day that actual substantial completion exceeds the contract completion date.
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