Site work for a water / sewer project in Waterloo, Iowa. Completed plans call for site work for a water / sewer project.

The work involved in this project includes the construction of 1,048 If of street and associated storm sewer, sanitary sewer and water main construction. The work under the proposed contract shall be commenced within ten (10) working days after receipt of Notice to Proceed and this project shall have a split completion date. The following bid items shall be completed prior to November 20, 2020. Plans and Specifications governing the construction of the proposed improvements have been prepared by Clapsaddle-Garber Associates, Inc., which plans and specifications and also the prior proceedings of the City Council referring to and defining said proposed improvements are hereby made a part of this notice, and the proposed contract by reference shall be executed in compliance therewith. The Contractor will be paid against bi-monthly estimates in cash on the basis of ninety-five percent (95%) of the work as it is completed and materials delivered and work approved. All bids must be accompanied in a separate envelope by a certified or cashier's check drawn on an lowa bank, or a bank chartered under the laws of the United States, a certified share draft drawn on a credit union in lowa or chartered under the laws of the United States, or bid bond, (on the form furnished by the City) payable to the City of Waterloo, lowa, in the sum of not less than five percent (5%) of the bid submitted, which certified check, certified share draft or bid bond will be held as security that the Bidder will enter into a Contract for the construction of the work and will furnish the required bonds, and in case the successful Bidder shall fail or refuse to enter into the Contract and furnish the required bonds, his bid security may be retained by said City as agreed upon liquidated damages. If bid bond is used, it must be signed by both the Bidder and the surety or surety's agent. Signature of surety''s agent must be supported by accompanying Power of Attorney. The successful bidder will be required to furnish a "Performance Bond" and a "Payment Bond" within ten (10) days after forms are presented to him in an amount equal to one hundred percent (100%) of the contract price, said bond to be issued by a responsible surety approved by the City Council and shall guarantee the faithful performance of the contract and the terms and conditions therein contained, and shall guarantee the prompt payment of all materials and labor and protect and save harmless the City from claims of any kind caused by the operations of the contractor. Before the Contractor shall be entitled to receive final payment for work done under this contract, it shall execute and file a bond in the penal sum of not less than 100% of the total amount of the contract, same to be known as "Maintenance Bond," and which bond must be approved by the City Council, and which bond is in addition to the bond given by the Contractor to guarantee the completion of the work. A goal of at least ten percent (10%) for MBE participation on all City funded construction projects that are estimated at $50,000.00 or more. A goal of at least two percent (2%) for WBE participation on all City funded construction projects that are estimated at $50,000.00 or more. Any project funded in part or in total with federal funds shall follow the respective agencies contract compliance program and goals. The City reserves the right to reject any or all bids, re-advertise for new bids, and to waive informalities in the bids submitted that might be in the best interest of the City.