As of 12/17/2020, bids were rejected. Springfield Trailhead Signs Each bid must be accompanied by a certified check or bid bond payable to the Owner in an amount of not less than ten percent (10%) of the bid or bids. Only bonds from companies licensed to do business in the State where the Owner is located will be accepted and the bond shall so state the same. Each Contractor shall furnish a surety bond in an amount to 100 percent of the contract for faithful PERFORMANCE; a separate surety bond in an amount equal to 100 percent of the contract for the payment of LABOR and MATERIALS; and a separate MAINTENANCE bond in an amount equal to 25% of the total contract price up to $200,000; plus 10% above $200,000. The PERFORMANCE AND LABOR AND MATERIALS bonds are to continue in effect for a period of one (1) year after final payment. The MAINTENANCE bond is to continue in effect for a period of two (2) years after the date of completion, approval and acceptance of the entire work. Work shall not commence under this contract until each of the above bonds have been obtained. Contract No. C000073042 involves the fabrication and installation of thirteen (13) freestanding trailhead signs at planned entrance points to the Springfield Trail. This project is being financed in part by a grant from the Commonwealth of Pennsylvania, Commonwealth Financing Authority and is subject to prevailing wage rates as determined by the Pennsylvania Department of Labor. Bids must be submitted unconditionally. No bidder may withdraw bid within SIXTY (60) days after the scheduled closing time for receipt of bids. Springfield Township reserves the right to reject any or all bids, or any part of a bid, and to waive any informality in a bid as they deem for the best interest of Springfield Township.
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