Site work for a water / sewer project in Texas City, Texas. Completed plans call for site work for a water / sewer project.

All Bids shall be accompanied by a cashier's or certified check drawn on a state or local bank in the amount of five percent (5%) of the total maximum bid price, and payable without recourse to the Gulf Coast Water Authority, Texas City, Texas, or a Bid Bond in the same amount from a reliable surety company authorized to do business in the State of Texas, as a guarantee that the Bidder will enter into a Contract. The Notice of Award of Contract shall be given by the GCWA within sixty (60) days following the opening of bids and bids shall remain valid for sixty (60) days. Bid security shall be returned to the respective Bidders within thirty (30) days after bids are opened, except checks or bonds which the GCWA elects to hold until the successful Bidder has executed the Contract. Thereafter, all the remaining securities, including the security of the successful Bidder, shall be returned within seventy (70) days following the opening of bids he successful bidder must furnish a Performance Bond and a Payment Bond in the amount of one hundred percent (100%) of the Contract Price and upon the forms which are attached hereto. A Payment Bond shall be furnished for any contract in excess of Twenty-Five Thousand Dollars ($25,000) and a Performance Bond shall be furnished for contracts in excess of One Hundred Thousand Dollars ($100,000), and each shall be furnished within five (5) days after receipt of the Contract Documents. Payment and Performance Bonds shall be issued from sureties with a minimum "A-" rating from Best's Key Rating Guide and who are licensed by the Texas Department of Insurance to do business in the State of Texas and to issue said bonds. The bonds must be signed by an authorized representative of the surety, who is licensed by the State Board of Insurance. Attention is directed to the liquidated damages provision of this Contract (as specified in the General Conditions) and the fact that rainy weather shall constitute justification for any delay in the time for completion only under certain conditions (as specified in the General Conditions). The GCWA shall, after review and approval of the Board of Directors, enter into Contract negotiations with the apparent lowest responsible Bidder using GCWA Contracts and Documents contained in the Specification Books. Bidder shall not send their own Contract Documents or in any way alter, change or amended the GCWA's Contract Documents. The GCWA reserves the right to reject any bid and to waive informalities in the bids. In case of ambiguity or lack of clearness in stating the prices in any bid, the GCWA reserves the right to consider the most advantageous construction thereof, or to reject the bid. The award shall be made to the most responsible Bidder submitting the best value for the Gulf Coast Water Authority.