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Site work and new construction of a library in Bossier City, Louisiana. Completed plans call for the construction of a library; and for site work for a library.
Bids must be accompanied by a bid security equal to five percent (5%) of the Total Bid (including any Alternates). Bid Security must be in the form of a cashierís check, certified check or a satisfactory bid bond written by a company with a current A. M. Best Rating of ëA-í (Excellent), Financial Size Category ëVIIí with a ëStableí Outlook and licensed in the State of Louisiana. The successful bidder will be required to furnish the following bonds written by a company with a current A. M. Best Rating of ëA-í (Excellent), Financial Size Category ëVIIí with a ëStableí Outlook and licensed in the State of Louisiana: Performance Bond in an amount equal to one hundred percent (100%) of the contract amount; Payment Bond in an amount equal to fifty percent (50%) of the contract amount; and Maintenance Bond in an amount equal to ten percent (10%) of the contract amount. The Designerís Estimate for the Base Bid Construction is $9,750,000. The Contract Time shall be three hundred sixty five (365) calendar days. Liquidated Damages are Two Thousand Five Hundred Dollars ($2,500.00), as provided for in the Contract Documents. Liquidated Damages will apply for each consecutive calendar day that the Work is not completed beyond the three hundred sixty five (365) calendar days after the date of commencement of the Work fixed in the Notice to Proceed, subject to such adjustments of the Contract Time as may be made according to the terms of the Contract Documents. Said sums shall in no event be construed to be a penalty; but only as damages fixed and agreed upon in advance.
Award
Library
$9,267,000.00
Public - City
New Construction, Site Work
Trades Specified
Division 00 - Lorem Ipsum
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City Hall Dr, Bossier City, LA
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