Lorick Park Fence Installation Each bid shall be accompanied by a bid bond using the form contained in the Invitation for Bid and executed by a bonding company duly authorized and licensed to do business in the State of South Carolina, or by a certified check payable to the order of The City of Columbia, and drawn upon a national bank or a bank and trust company doing business in the State of South Carolina, in an amount equal to five (5%) percent of the amount of the bid, to guarantee the successful Bidder will, within ten (10) days from the date of the notice of award of contract, enter into a contract with the Owner, and execute to said Owner a Performance and Payment bond, the contract and bond to be in the form set forth in the contract, bond and specifications referred to in the Advertisement for Bids. Payment Bond (required of Awardee only): Simultaneously with his delivery of the executed contract, the contractor shall furnish a surety bond or bonds in an amount at least equal to one hundred (100) percent of the amount of the contract price as security for the faithful performance of this contract and for payment of all persons performing labor on the project under this contract and furnishing materials in connection with this contract as specified in general specifications included herein. Performance Bond (required of Awardee only): Simultaneously with his delivery of the executed contract, the contractor shall furnish a surety bond or bonds in an amount at least equal to one hundred (100) percent of the amount of the contract price as security for the faithful performance of this contract and for payment of all persons performing labor on the project under this contract and furnishing materials in connection with this contract as specified in general specifications included herein. The undersigned proposes and agrees to begin work on a date to be specified in a written order from the City and to complete the amount of work herein contemplated within ninety (90) consecutive calendar days from the said date of commencement as defined in the Notice to Proceed (NTP). There shall be an additional one hundred eighty (180) consecutive calendar days added for contract closeout such as providing as built drawings, testing, invoicing, Accordingly, instead of requiring any such proof, Owner and Contractor agree that as liquidated damages for delay (but not as a penalty) Contractor shall pay Owner ($100.00) per day for each calendar day of delay until the Work is complete. Question Deadline 09/17/2024 at 12:00 PM ET Questions must be submitted to online Pre-Bid Meeting Notes: Dial by your location o +1 305 224 1968 US o +1 309 205 3325 US o +1 312 626 6799 US (Chicago) o +1 646 931 3860 US o +1 929 205 6099 US (New York) o +1 301 715 8592 US (Washington DC) o +1 564 217 2000 US o +1 669 444 9171 US o +1 669 900 6833 US (San Jose) o +1 689 278 1000 US o +1 719 359 4580 US o +1 253 205 0468 US o +1 253 215 8782 US (Tacoma) o +1 346 248 7799 US (Houston) o +1 360 209 5623 US o +1 386 347 5053 US o +1 507 473 4847 US Meeting ID: 819 6146 5877 Passcode: 928894 Find your local number: https://us02web.zoom.us/u/kc17lxbCbL Online Bid Opening notes - Dial by your location o +1 305 224 1968 US o +1 309 205 3325 US o +1 312 626 6799 US (Chicago) o +1 646 931 3860 US o +1 929 205 6099 US (New York) o +1 301 715 8592 US (Washington DC) o +1 253 215 8782 US (Tacoma) o +1 346 248 7799 US (Houston) o +1 360 209 5623 US o +1 386 347 5053 US o +1 507 473 4847 US o +1 564 217 2000 US o +1 669 444 9171 US o +1 669 900 6833 US (San Jose) o +1 689 278 1000 US o +1 719 359 4580 US o +1 253 205 0468 US Meeting ID: 891 4178 3807 Passcode: 596232 Find your local number: https://us02web.zoom.us/u/kcbYEHwnxs