Furnish all tools, labor, material, equipment and performing all work required to rehabilitate an existing 81"x59" arched corrugated metal storm water pipe by geopolymer spray lining and point repairs at pipe size change locations for 81" x59" to 103"x71" and 103"x71" to 137"x87", and all related items. Bids must be submitted in sealed envelopes upon the blank form of proposal furnished and envelopes shall be marked in the upper left hand corner with project title and bid opening date and time. In addition to cost, the City will strongly consider the number of days bid on this project for the purpose of awarding this contract. All proposals shall be accompanied by a bid bond from a corporate surety (with the appropriate "Powers of Attorney") or by a cashier's or certified check upon a national or state bank in the amount of five percent (5%) of the total maximum bid, as a guarantee that bidder will enter into a contract and execute performance, payment and maintenance bonds within ten (10) days after notice of award of contract to him. All bidders will be required to comply with provision 5159a of "Vernon's Annotated Civil Statutes" of the State of Texas with respect to the payment of prevailing wage rates. The successful bidder must furnish performance bond, payment bond, and maintenance bond (with the appropriate "Powers of Attorney") in the amount of one hundred percent (100%) of the contract price from an approved surety company holding a permit from the State of Texas to act as surety of other surety or sureties acceptable to the City of Hurst (performance, payment and maintenance bonds will not be required on contracts less than $25,000.00). The maintenance bond shall be in effect for a period of two (2) years after final acceptance of the work. The surety company must be treasury listed.
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