Site work and paving for a mixed-use development in Waterloo, Iowa. Completed plans call for site work for a road / highway; for paving for a road / highway; sidewalk / parking lot; and water / sewer project.

The project consists of the reconstruction of the existing University Avenue 6-lane facility with a new 4-lane roadway. The project includes installation of sidewalks, shared use paths, and reconstruction of the existing storm sewer, water main, and traffic signals. A contract will be awarded to the qualified bidder submitting the lowest bid. All bids must be accompanied in a separate envelope by a certified or cashier's check drawn on an Iowa bank, or a bank chartered under the laws of the United States, a certified share draft drawn on a credit union in Iowa or chartered under the laws of the United States, or bid bond, (on the form furnished by the City) payable to the City of Waterloo, Iowa, in the sum of not less than five percent (5%) of the bid submitted, which certified check, certified share draft or bid bond will be held as security that the Bidder will enter into a Contract for the construction of the work and will furnish the required bonds, and in case the successful Bidder shall fail or refuse to enter into the Contract and furnish the required bonds, his bid security may be retained by said City as agreed upon liquidated damages. If bid bond is used, it must be signed by both the Bidder and the surety or surety's agent. Signature of surety's agent must be supported by accompanying Power of Attorney The successful bidder will be required to furnish a Performance Bond and a Payment Bond within ten (10) days after forms are presented to him in an amount equal to one hundred percent (100%) of the contract price, said bond to be issued by a responsible surety approved by the City Council and shall guarantee the faithful performance of the contract and the terms and conditions therein contained, and shall guarantee the prompt payment of all materials and labor and protect and save harmless the City from claims of any kind caused by the operations of the contractor. Before the Contractor shall be entitled to receive final payment for work done under this contract, it shall execute and file a bond in the penal sum of not less than 100%of the total amount of the contract, same to be known as Maintenance Bond, and which bond must be approved by the City Council, and which bond is in addition to the bond given by the Contractor to guarantee the completion of the work The City reserves the right to reject any or all bids, re-advertise for new bids, and to waive informalities in the bids submitted that might be in the best interest of the City. Bids may be held by the City of Waterloo, Iowa, for a period not to exceed thirty (30) days from the day of the opening of bids for the purpose of reviewing the bids and investigating the qualifications of bidders, prior to awarding the contract.By virtue of statutory authority, a preference will be given to products and provisions grown and coal produced within the State of Iowa and preference will be given to local domestic labor in the construction of the improvement. Contact: Michelle Sweeney, Project Manager, at michelle.sweeney@aecom.com.