The project includes, but is not limited to, crack seal, seal coat, and markings to Runway 17-35 and various taxiways as shown on the plans and indicated in the specifications. Proposals shall be accompanied by a cashier's or certified check upon a national or state bank in an amount not less than five percent (5%) of the total maximum bid price payable without recourse to the Owner, or a bid bond in the same amount from a reliable surety company, as a guarantee that the Bidder will enter into a contract and execute performance and payment bonds within ten (10) days after notice of award of Con-tract to him. Such bid guarantee shall be made payable to CITY OF MIAMI. The successful bidder must furnish a performance and payment bond upon the form provided in the amount of one hundred per cent (100%) of the contract price from an approved surety company holding a permit from the State of Oklahoma to act as surety, or other surety or sureties acceptable to the Owner. Estimated Value: 400,000 - 550,000 Certain mandatory federal requirements apply to this solicitation and will be made a part of any con-tract awarded: 1. Buy American Preferences (Title 49 U.S.C. Chapter 501) 2. Foreign Trade Restrictions (49 CFR 30.17) 3. Davis Bacon Labor Provisions (29 CFR Parts 1, 3, and 5) 4. Requirement for Affirmative Action (41 CFR Part 60-4) 5. Debarment, Suspension, In-eligibility, and Voluntary Exclusion 6. Requirements for Drug-free Workplace Davis Bacon Act wage rules shall apply. All laborers and mechanics employed by contractors and sub-contractors on projects funded directly by or assisted in whole or in part by and through the Federal Government shall be paid wages at rates not less than those prevailing on projects of a character similar in the locality as determined by the Secretary of Labor in accordance with subchapter IV of Chapter 31 of Title 40, United States Code. The Department of Labor provides all pertinent information related to compliance with labor standards, including prevailing wage rates and instructions for reporting. All bidders and proposers shall make good faith efforts, as defined by Appendix A of 49 CFR Part 26, Regulations of the Office of the Secretary of Transportation, to subcontract a minimum of 3.72 percent of the dollar value of the prime contract to small business concerns owned and controlled by socially and economically disadvantaged individuals (DBE). City of Miami reserves the right to reject any or all bids, to waive irregularities in the bids and bid-ding deemed to be in the best interests of City of Miami, and to reject nonconforming, nonresponsive, or conditional bids. Bids must remain in effect for 90 days after the bid opening date. Bid Result SCHEDULE 1
VANCE BROTHERS, INC $86,724 SCHEDULE 2
VANCE BROTHERS, INC. $155,525
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