Grading, paving, drainage, signal, and retaining wall improvements between Missouri Route N and Feise Road, a distance of about 2,300 linear feet, more or less The proposal shall be accompanied by a bid bond, certified check or cashier's check of a bank or trust company in St. Charles County. St. Louis County, or in the City of St. Louis for an amount not less than five (5%) percent of the bid amount. The amount of the check shall be forfeited to the City if the bidder neglects or refuses to enter into a contract or to furnish bond after his proposal has been accepted. The City reserves the right to remove a portion of the work if insufficients funds are available to cover the entire amount of the bid. The successful bidder shall furnish a performance bond and payment bond for one hundred (100%) percent of the contract amount and shall file certificates with the City that he has obtained and will continue to carry workmen's compensation insurance, public and private liability, and property damage insurance, and builder's risk insurance in an adequate amount for the duration of the contract. The City of Dardenne Prairie will award the project to the lowest, responsive, responsible bidder. The City reserves the right to require the successful bidder to file proof of his ability to properly finance and execute the project together with his record of successful completion of similar projects. Pursuant to MoDOT approval, the City reserves the right to reject any and all bids, offers, or proposals submitted, or to advertise for new bids. The City reserves the right to defer the acceptance of any proposal and the execution of a contract for a period not exceeding sixty (60) days after the date of opening of the bids. The successful bidder to whom the contract has been awarded shall sign the contract and performance bond and other required certificates in triplicate and return the signed documents within seven (7) days after the date of their receipt. The contractor questionnaire must be on file 7 days prior to bid opening Liquidated damages per day $ 1,225