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Site work and paving for a civil project in Hope, Alaska. Completed plans call for site work for a water / sewer project; road / highway; and for paving for a road / highway.

Furnishing all labor, materials and equipment to upgrade Ferrin Drive, 1,950 Linear Feet. Work includes but is not limited to roadbed widening, sub grade modification, embankment construction, drainage, ditching. This contract is subject to the provision of State of Alaska, Title 36, Minimum Wage Rates. The subsequent contract will require certificates of insurance and may require performance and payment bonds. Work shall commence upon receipt of Notice to Proceed. All work must be substantially complete by October 31, 2022. If the bid exceeds $100,000 the following apply: Certified check, bank cashier's check, or bid bond, made payable to the Kenai Peninsula Borough amount equal to five (5%) percent of the total bid, shall accompany each bid as evidence of good faith, a guarantee that if awarded the contract, the Bidder will execute the contract and give bond as required. All Bidder's checks or bid bonds will be retained until the successful bidder has entered into a satisfactory contract and furnished bonds, as required. Bidders who are bidding online may utilize the electronic bid bond option through the BidExpress.com. The successful Bidder shall furnish the Owner a Performance and Payment bond in the full amount of the Agreement and shall maintain the Bond in force during the continuance of the Agreement. The bonds must be furnished prior to the Owner's execution of the contract. The Bond shall be for the faithful performance of the Agreement in all respects including, but not limited to, payments for all materials and labor. All alterations, extensions of time, additional work, and other changes authorized by the Agreement Documents may be made without securing the consent of the Surety or Sureties. Power-ofAttorney for the person signing the Bond for the Surety must be submitted with the Bond. These bonds, in whatever amount required by the specific contract, shall be administered and deemed governed by the provisions of Alaska Statutes Title 36, Chapter 25, and shall comply with all requirements for payment and submission of claims as provided by that chapter. Owner and Contractor recognize that time is of the essence in performance of this contract and the Owner will suffer financial loss if the work is not substantially complete within the time specified above, plus any extensions thereof allowed in accordance with contract documents. They also recognize the delays, expense and difficulties involved in proving the actual loss suffered by Owner if the work is not substantially complete on time. Accordingly, instead of requiring any such proof, Owner and Contractor agree that as liquidated damages for delay (but not as a penalty) Contractor shall pay Owner THREE HUNDRED Dollars ($300) for each calendar day that expires after the contract time required for substantial completion to the actual date of substantial completion determined as set out in the CONTRACT documents. The Owner and Contractor agree that this amount is a reasonable forecast of just compensation for the harm that is caused by the delay A Bidder's representations concerning their qualifications will be construed as a covenant under the Agreement. Should it appear that the Bidder has made a material misrepresentation, the Borough shall have the right to terminate the Agreement for the Contractor's breach, and the Borough may then pursue such remedies as provided in the Contract Documents or as provided by state statute, borough code, or as appropriate.

Post-Bid

Roads / Highways

$300,000.00

Public - County

Paving, Site Work

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May 26, 2022

June 27, 2022

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Ferrin Dr, Hope, AK

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