Privately Funded
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Publicly Funded
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Site work and paving for a civil project in Algona, Iowa. Completed plans call for site work for a road / highway; for paving for a road / highway; and water / sewer project.
The project located in Algona, Iowa commencing at the intersection of Poplar Street and Finn Drive and traversing North along Finn Drive before terminating at the intersection of Finn Drive and US Highway 18. Each Bid shall be accompanied by a cashiers check or certified check drawn on a statechartered or federally chartered bank, or a certified share draft drawn on a state-chartered Project No.18-22579 Page 2 of 3 AMU - Finn Drive Water Main Improvements or federally chartered credit union, or a bidders bond with corporate surety satisfactory to the Board in an amount equal to Ten percent (10%) of the total amount of the proposal. If bid bond is submitted, it must be in the form provided in these specifications. Said check or share draft may be cashed, or the bid bond forfeited as liquidated damages in the event the successful bidder fails or refuses to enter into a contract within ten (10) days of issuance of a Notice of Award and post bond satisfactory to the Board insuring the faithful fulfillment of the contract and maintenance of said improvements as required by law. The bid bond should be executed by a corporation authorized to contract as a surety in the State of Iowa, and must not contain any conditions either in the body or as an endorsement thereon. The successful bidder will be required to furnish a corporate surety bond in an amount equal to one hundred per cent (100%) of the contract price, said bond to be issued by a responsible surety approved by the City, and shall guarantee the faithful performance of the contract and the terms and conditions therein contained, the payment for materials used in the project and the maintenance of said improvements in good repair for not less than one (1) year from the time of acceptance of said improvements by the Board. The Board reserves the right to defer acceptance of any proposal for a period not to exceed sixty (60) calendar days from the date of receipt of bids. The Board reserves the right to reject any or all bids and to waive informalities. The work on this project shall commence within ten (10) days after receipt by the contractor of a written notice to proceed. All work shall be substantially completed by December 31, 2019, subject to any changes in the contract period as provided for in these specifications. Liquidated damages in the amount of $500 per calendar day will be assessed for each day that any of the work shall remain uncompleted after December 31, 2019, with due allowance for extensions of the contract period due to conditions beyond control of the Contractor. If the plans and specifications are not returned within fourteen days after award of the project and in a reusable condition, the deposit shall be forfeited.
Award
Water / Sewer
$162,622.00
Public - City
Paving, Site Work
Plans and Specifications are not available for this project. If that changes, they will be made available here.
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April 23, 2019
May 23, 2019
N Finn Dr, Algona, IA
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