**As of 08/28/2019, the project was not yet awarded yet. The timeline for award is not yet estalished. Cost estimate is $1M- $1.5M The work to be done under this contract includes the furnishing of all labor, material, equipment, tools, and all associated work necessary Rehabilitate Runway 4/22 at the Abraham Lincoln Capital Airport. The approximate quantities are included in the Schedule of Prices. The Owner has established a contract performance time from the date established on the Notice-to-Proceed. All project work shall be completed within the stated timeframe. This project is subject to liquidated damages as prescribed within the Project Manual. Each proposal must be accompanied by a bid guaranty in the amount of five (5) percent of the total amount of the bid. The bid guaranty may be by certified check or bid bond made payable to Abraham Lincoln Capital Airport. Performance & Payment Bond. The successful bidder will be required to furnish separate Performance and Payment bonds each in an amount equal to 100% of the contract price at the time of contract execution. All proposals submitted in accordance with the instructions presented herein will be subject to evaluation. Bids may be held by the Owner for a period not to exceed ninety (90) calendar days from the date of the bid opening for the purpose of conducting the bid evaluation. The Owner will base the award of contract upon the lowest aggregate sum proposal submitted from those bidders the Owner confirms as being responsive and responsible. The right is reserved, as the Owner may require, to reject any and all bids and to waive any informality in the bids received. Prospective Bidders are hereby advised that award of contract and start of work is contingent upon the Owner receiving approval and adequate Federal funding assistance from the Federal Aviation Administration (FAA). Goals for minority participation for each trade: 4.5%
Goals for female participation in each trade: 6.9%
DBE : 3.1%
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