Renovation of a mixed-use development in Princeton, West Virginia. Completed plans call for the renovation of a educational facility.

Mercer County Technical School Seminar Center HVAC SUBSTANTIAL COMPLETION: The Bidder agrees to commence work upon receipt of the Board's written Notice to Proceed and/or Purchase Order, to Substantially Complete work by October 15, 2021 and to achieve Final Completion within 15 consecutive calendar days thereafter The contractor agrees that from the compensation otherwise to be paid, the Mercer County Board of Education may retain a sum in accordance with the following schedule for each day thereafter, Sundays and Holidays included, that the work remains uncompleted, which sum if agreed upon as the proper measure of liquidated damages which the Mercer County Board of Education will sustain per diem by failure of the contract to complete the work at the stipulated time and the sum is not to be construed in any sense a penalty. For each calendar day of delay in achieving Substantial Completion, the Contractor shall be liable for and pay the Board $150.00 per day, not as a penalty, but as liquidated damages. Provide a Performance Bond and a Material and Labor Payment Bond for 100% of the contract award. BID BOND: Each Bid shall be accompanied by a Bid Bond payable to the Mercer County Board of Education for five percent (5%) of the total Bid issued by a solvent surety company listed on the most current Federal Register, Circular 570, and authorized to do business in the State of West Virginia. Should the bidder refuse to enter into a contract with the West Virginia Board of Education on the terms stated in the Bidding Documents or fail to furnish bonds covering faithful performance of the Contract and all obligations arising from the full amount of the Bid Security shall be forfeited to the Mercer County Board of Education as liquidated damages, not as a penalty. BID WITHDRAWAL after the scheduled closing time for receipt of Bids, no Bid may be withdrawn for a period of 90 days. The Board reserves the right to add elements of work to the Bid anytime during the 90- day period based upon mutual agreement between the Board and the bidding contractors. The Mercer County Board of Education shall have the right to reject any or all Bids and to reject a Bid not accompanied by the required Bid security, or by other data required by the Bidding Documents, or to reject a Bid which is in any way incomplete or irregular.