The Walled Lake Consolidated School Districts Board of Education will receive firm prime contractor bids to provide demolition, mechanical work, electrical work, plumbing, site work, and architectural trades to facilitate the renovation of Western High School. A bid bond executed by a Treasury listed surety company acceptable to the Walled Lake Consolidated School District or a cashiers check in the amount of at least 5% of the sum of the proposal payable to the Walled Lake Consolidated School District shall be submitted with each proposal over $28,048. Cashiers checks must be delivered to Walled Lake Consolidated School District at the address above prior to the bid opening for bids submitted electronically that are utilizing a cashiers check for bid security. All proposals shall be firm for a period of sixty (60) days. Successful bidders whose proposals are $50,000 or more will be required to furnish a satisfactory Performance and Payment Bond by a Treasury listed surety in the amount of 100% of their bid. The cost of the Bond shall be included in each proposal. Bids shall be accompanied by a sworn and notarized statement disclosing any familial relationship that exists between the owner or any employee of the bidder and any member of the board or the superintendent. Additionally, bids shall be accompanied by sworn and notarized statements for the Iran Economic Sanctions Act Affidavit of Compliance and Affidavit of Compliance - Criminal Background Checks. Bids not accompanied by these sworn and notarized statements will not be accepted by the Board. The Board of Education reserves the right to reject any and/or all bids in whole or in part and to waive any informality or irregularity therein, or to award the contract to other than the low bidder, in its sole discretion. Walled Lake Consolidated School District reserves the right to accept that bid which in its opinion, is in the best interest of the Owner.