Notice is hereby given that the City of Alton will hold a Public Hearing on the above referenced Project at 6:00 PM at their City Council Meeting on July 13, 2021 Alton City Hall, 905 Third Avenue, Alton, Iowa 51003. A copy of proposed Contract Documents is on file for public inspection at the City Office. At said Hearing, any interested person may file written objections or present oral comments with respect to the subject matter of the Hearing. Bids received after the deadline for submission of Bids as stated herein shall not be considered and shall be returned to the late Bidder unopened. Each Bidder shall accompany its Bid with Bid Security, filed in a separate envelope, as security that the successful Bidder will enter into a Contract for the work bid upon in accordance with the Contract Documents and statutory requirements. The Bidder's security shall be in an amount equal to 5% of the total amount of the Base Bid and shall be in the form of a cashier's check or a certified check drawn on an FDIC insured bank in Iowa or an FDIC insured bank chartered under the laws of the United States; or a certified share draft drawn on a credit union in Iowa or chartered under the laws of the United States; or a Bid Bond and shall be made payable to the City of Alton and the proceeds retained as penalty if the Bidder fails to execute a contract and file acceptable Performance and Payment Bonds or provide an acceptable Certificate of Insurance within 10 days after the acceptance of such proposal by resolution of the City Council. Consideration of the Bids received, and the award of the Contract or other action, may be made by the City Council upon the proposals received in accordance with the law and the Contract Documents at its meeting to be held at 6:00 PM on July 13, 2021, or at such later time and date as may be fixed. By virtue of statutory authority, a preference will be given to products and provisions grown and locally produced within the State of Iowa and to Iowa domestic labor. The successful Bidder will be required to furnish a Performance Bond, a separate Labor & Payment Bond, both in an amount equal to 100% of its Contract Price, and Insurance; said documents 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. Anticipated Start Date: September, 2021 Anticipated Completion Date: May, 2022
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