Teravalis Phase 2 Wet Utilities Infrastructure CFD Every bid made by a Contractor pursuant to this Notice shall be accompanied by a surety bond for ten percent (10%) of the bid amount, listing Trillium Management Development Company LLC as the Obligee, as a guarantee that the Contractor will enter into a contract to perform the Work, or as liquidated damages in the event the Contractor refuses or fails to enter into the Contract with Trillium Management Development Company LLC upon award. The bonds will be returned to all Contractors whose bids are not awarded the Contract, and to the successful Contractor, upon execution of the Contract, and receipt of Payment and Performance bonds for the Work. The cost for providing Payment and Performance bonds shall be included in the bid submittal. A Payment and Performance bond will be required in the amount of 100% of the original Contract value for the duration of the Contract. All bidders shall be required to submit, with their bid proposal, a completed Certificate of Insurance evidencing their ability to meet the insurance requirements for this project. The Contractor shall carry property damage and public liability insurance and shall hold and save harmless Trillium Management Development Company LLC, the City of Buckeye and the Trillium Community Facilities District from any employer s liability and from any and all liens for materials or labor in connection with this Work as specified in the bid documents. Any bids submitted without the bid bond, certificate of insurance and any other items as required in the bid documents will be deemed incomplete and will be rejected. Trillium Management Development Company LLC reserves the right to reject any and all bids and to withhold the award for any reason Trillium Management Development Company LLC determines necessary and appropriate. Award of the successful bid shall be subject to approval by Trillium Management Development Company LLC or its representatives. Trillium Management Development Company reserves the right to reject any and all bids and to waive informalities or irregularities This bid shall be for furnishing all labor, materials, transportation, and services for the construction and/or installation of all sewer, domestic water, and storm drain improvements shown on the Plans, including, but not limited to the following: Collector Road Sewer Plans Collector Road Water Plans Collector Road Paving Plans Technical questions, in the format described hereinabove, will be received up to 5:00 P.M. on Tuesday, October 17, 2023.