The proposed work includes the following: earthwork, furnish & install asphalt millings, aggregate base course, concrete approach & sidewalk work, overhead lighting, irrigation, seeding & mulching, erosion control and traffic control. Each bid equal to or in excess of $100,000.00 shall be accompanied by either a certified check, cashier's check or draft in a sum equal to five percent (5%) of the maximum bid price and drawn on a State or National Bank or a bid bond in a sum equal to ten percent (10%) of the maximum bid price executed by the Bidder as principal and by a surety company authorized to do business in the State of South Dakota, payable to the Sioux Falls Regional Airport Authority, conditioned that if the principal's bid be accepted and the contract awarded to him, he, within ten (10) business days after Notice of Award has been executed, will execute and effect a contract in accordance with the terms of his bid and a contractor's bond as required by law and regulations and determinations of the governing board. The bid security of the two lowest bidders will be retained until the Notice of Award has been executed, but no longer than thirty (30) days. The bid security is a guarantee that the bidder will enter into contract for work described in the Proposal. The successful Bidder will be required to furnish a Contract Performance Bond, a Payment Bond in the full amount of the Contract, and proof of Contractor's Excise Tax License. The Sioux Falls Regional Airport Authority reserves the right to hold all bids for a period of thirty (30) days after the date fixed for the opening thereof to reject any and all bids and waive defects and to accept any bids should it be deemed for the public good and also reserves the right to reject the bid of any party who has been delinquent or unfaithful in the performance of any former contract to the Owner. The Sioux Falls Regional Airport Authority, in accordance with the provisions of Title VI of the Civil Rights Act of 1964 (78 Stat. 252, 42 USC 2000d to 2000d-4) and the Regulations, hereby notifies all bidders or offerors that it will affirmatively ensure that for any contract entered into pursuant to this advertisement, businesses, or disadvantaged business enterprises will be afforded full and fair opportunity to submit bids in response to this invitation and no businesses will be discriminated against on the grounds of race, color, national origin (including limited English proficiency), creed, sex (including sexual orientation and gender identity), age, or disability in consideration for an award. The bid documents are to be mailed or delivered to Sioux Falls Regional Airport, 2801 Jaycee Lane, Sioux Falls, South Dakota 57104 and shall be sealed and endorsed, "Construct Cell Phone Parking Lot Expansion.