Site work for a water / sewer project in Houston, Texas. Completed plans call for site work for a water / sewer project.

Each bid must be accompanied by a bid bond for the sum of five (5%) of the amount of the maximum total bid. Bid bonds must be made payable to the Owner. Construction of public water and sanitary sewer Proposals may be rejected if they show alteration of form, additions not called for, conditional bids, incomplete bids, erasures or irregularities of any kind. The Owner reserves the right to waive any irregularities in the bids as received and to reject any and all proposals without qualification(s). More than one proposal from an individual, firm or partnership, corporation or association, under the same or different names, will not be considered. Reasonable grounds for believing that a Bidder is interested in more than one such proposal may cause the rejection of all proposals in which said Bidder is interested. Proposals in which prices are obviously unbalanced may be rejected. Proposals in which there is evidence that the required insurance or bonds cannot or will not be furnished may be rejected. The successful bidder must furnish Payment and Performance Bonds within fifteen (15) days after written notification of award of contract on the forms furnished in the Contract Documents, in the amount of one hundred percent of the total Contract price, from a surety company holding a permit from the State of Texas to act as surety. The surety company issuing the Payment and Performance Bonds must (a) be authorized to do business in the State of Texas as evidenced by licensing through the Texas State Board of Insurance; (b) be authorized to issue Payment and Performance Bonds in an amount equal to or greater than the total Contract price as indicated by the records of the Texas State Board of Insurance; and (c) have a minimum rating of "B+" in the current Best's Key Rating Guide. A one-year Maintenance Bond is required to be issued to the Owner at the time the final application for payment is submitted. Maintenance Bond shall be in the amount of one hundred percent of the total Contract price. Maintenance Bond shall be on the forms furnished in the CONTRACT DOCUMENTS and shall conform with the same requirements as the Performance and Payment Bonds described in the previous Item 19.