Construction of a 20"X10" Diameter Well No. 5, approx. 540 feet deep to be located at the Spinney Road Well Field, East Quogue, NY. Each proposal from a Contractor must be accompanied by a cashier's check or bid bond made payable to the Suffolk County Water Authority for Five Percent (5%) of the total bid. Prior to execution of the contract, the successful bidder shall be required to furnish, at his expense, a Performance Bond, in such form as prescribed by the Authority, in the Amount of One hundred Percent (100%) of the total bid price, or, in lieu of such Performance Bond, a Bank Check, or a Letter of Credit (Letter of Credit Expiration date shall be one-month past the contract expiration date), satisfactory to Suffolk County Water Authority together with an Indemnification Agreement in such form as prescribed by the Authority. Interested bidders are invited to submit in writing or via e-mail, any questions on this contract to Marlon Torres, Purchasing Director, SCWA, 3525 Sunrise Highway, Great River, Long Island, NY 11739, fax 631-589-5268 or email marlon.torres@scwa.com. If awarded the Contract, the undersigned Bidder agrees to start work within 30 calendar days after date of same or, if a Notice to Proceed is given, on the day indicated in the Notice to Proceed, and complete it within 150 calendar days from the date of said Contract, and further agrees that if this proposal is accepted by the Suffolk County Water Authority and that if the undersigned Bidder should refuse, fail or neglect to enter into Contract or to file a satisfactory guarantee bond for the full amount of this Contract within twenty-one (21) days after being notified that the Contract is ready for signature, then at the option of the Suffolk County Water Authority, the undersigned Bidder may be considered to have abandoned the Contract, and the proposal guarantee accompanying the proposal shall be forfeited, and the amount shall be paid to the Suffolk County Water Authority as liquidated damages; otherwise, the proposal guarantee shall be returned to the Bidder after execution of the Contract. The Suffolk County Water Authority reserves the right to cancel this contract (in part or whole) by giving not less than seven (7) days and not more than thirty (30) days written notice that, on or after a date therein specified, the contract shall be deemed terminated and canceled.
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