Renovation of a mixed-use development in Cedar Falls, Iowa. Completed plans call for the renovation of a educational facility.

Project no: 21555 The project consists of but is not limited to: Replace compromised piping system, aging equipment, and improve reliability for the Power Plant No. 2 Fuel Oil system. Project will also upgrade associated auxiliary systems, including instrumentation, electrical service, and the process control system. Bids will be received for a stipulated sum contract. Iowa Construction Sales Tax Exemption Certificates will be provided on this project. Bid security shall be agreed upon as the measure of liquidated damages which Owner will sustain by failure, neglect or refusal of bidder to deliver a signed contract stipulating performance of the work in unqualified compliance with Contract Documents or furnish the required 100% Contract Performance and Payment Bond within ten (10) days after receipt of Notice of Award. No bid may be withdrawn for a period of forty-five (45) calendar days after the date of opening. The Board of Regents, State of Iowa seeks to provide opportunities for Targeted Small Businesses in accordance with the provisions of Chapter 73 of the Code of Iowa. This project has a participation goal for certified Targeted Small Businesses. The participation goal of 10% is specified in the Special Conditions. By virtue of statutory authority, a preference will be given to products and provisions grown and coal produced within the State of Iowa. The Board of Regents, State of Iowa reserves the right to reject any and all bids, to waive irregularities and to accept that bid which is deemed in the best interest of the Owner.