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Site work and new construction of a mixed-use development in Flatwoods, Kentucky. Completed plans call for the construction of a 9,378-square-foot, one-story above grade municipal facility.
A full description of the Project is found in the Summary Section 01 10 00 of the Project Manual. Bidders will be required to provide Bid security in the form of a Bid Bond or certified check in the amount of not less than 5% of the total amount bid, including all add alternates, supported by a Power of Attorney for the bonding agent, a certificate from the Department of Insurance authorizing the Surety Company to do surety business in the commonwealth of Kentucky and a current financial statement of the Surety Company. The bonds shall be on the forms bound in the Project Manual. Bid Bonds submitted by the unsuccessful bidders will be returned promptly after opening of the bids, except those of the two lowest bidders will be retained until the award of the contact is made to the successful bidder and after a Performance Bond in the amount of one hundred percent of the contract has been executed by the successful bidder. A Contract Performance Bond and Payment Bond each equal to one hundred percent of the Contract Price will be required for the successful Contractor. Other bidding requirements are described in the Project Manual. Bidder will be required to complete the Work (Substantial Completion) within 90 (ninety) calendar days from the date of commencement. As actual damages for delay in completion of the Work are impossible to determine, the successful Bidder (Contractor) and his Surety shall be liable for and shall pay to the Owner the sum of $500, not as a penalty, but as fixed, agreed and liquidated damages for each calendar day of delay until the Contract Work is substantially completed as defined in the General Conditions of the Contract for Construction. Should any Bidder fail to attend, their Bid will be disqualified. Submit offer on the Bid Form provided. Bidders will be required to submit offer under a condition of irrevocability for a period of 60 days after submission. The Owner reserves the right to accept or reject any or all bids, to waive informalities, and to re-advertise.
Award
Municipal
$530,392.00
Public - City
New Construction, Site Work
Trades Specified
Division 00 - Lorem Ipsum
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March 5, 2019
April 4, 2019
195 Caroline Rd, Flatwoods, KY
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