Renovation of a mixed-use development in Devils Lake, North Dakota. Completed plans call for the renovation of a educational facility.

A countersignature of a bid bond is not required under this section. If a successful bidder does not execute a contract within the ten days allowed, the bidder's bond must be forfeited to the governing body and the project awarded to the next lowest responsible bidder. North Dakota Law: That a bidder, except a bidder on a municipal, rural, and industrial water supply project using funds provided under Public Law No. 99-294 [100 Stat. 426; 43 U.S.C. 390a], must be licensed for the full amount of the bid as required by sections 43-07-05 and 43-07-12. For projects using funds provided under Public Law No. 99-294 [100 Stat. 426; 43 U.S.C. 390a], the advertisement must state that, unless a bidder obtains a contractor's license for the full amount of its bid within twenty days after it is determined the bidder is the lowest responsible bidder, the bid must be rejected and the contract awarded to the next lowest responsible bidder. Bid Security: That Each Bid Must Be Accompanied by a Separate Envelope Containing the Contractors License and Bid Security. The Bid Security Must Be in a Sum Equal to Five Percent of the Full Amount of the Bid and Must Be in the Form of a Bidder's Bond. A Bidder's Bond Must Be Executed by the Bidder as Principal and by a Surety, Conditioned That if the Principal Bid is Accepted and the Contract Awarded to the Principal, the Principal, Within Ten Days After Notice of the Award, Shall Execute a Contract in Accordance With the Terms of the Bid and the Bid Bond and Any Condition of the Governing Body. That no bid may be read or considered if the bid does not fully comply with the requirements of North Dakota Century Code Chapter 48-01.2 and that any deficient bid submitted must be resealed and returned to the bidder immediately. That the governing body reserves the right to reject any and all bids and rebid the project until a satisfactory bid is received. The Owner: The Owner reserves the right to hold all bids for a period of sixty days after the date fixed for the opening of bids, and to reject any and all Bids and waive any formalities or irregularities. Bid Result GENERAL Mike Swanson Construction $201,000 MECHANICAL Klemetsrud Plumbing, Heating $57,500 ELECTRICAL Rocks Electric Construction $34,750