The work for which bids are asked generally includes the reconstruction of the alley at the termination of Buchanan St NW in Cascade, Iowa including approximately 860 square yards asphalt pavement removal & replacement, 320 linear feet 8" sanitary sewer main replacement, sanitary manhole replacement, sanitary sewer services, temporary erosion control, curb & gutter replacement, driveway replacement. The City Council of the City of Cascade will conduct a public hearing on the plans, specifications, form of contract, and estimate of cost for the construction of the above-described improvements on February 14, 2022 at 6:00 pm at City Hall located at 320 1st Ave W, Cascade, Iowa. Any interested person may appear and file objections to the proposed plans, specifications or contract. After hearing objections, the City of Cascade, shall by resolution, enter its decision on the plans, specifications and contract. The Work under the contract shall commence after the date set forth in the written Notice to 30 Proceed. The Notice to Proceed is expected to be issued on or about April 11, 2022. BIDDER agrees that the Work will be substantially completed by November 1, 2022, and will be completed and ready for final payment in accordance with Paragraph 14.07 of the General Conditions by November 15, 2022. No bidder may withdraw his bid within 60 days after the actual date of the opening thereof The successful BIDDER shall be required to furnish a performance BOND and a payment BOND, each in the amount of 100 percent of the CONTRACT PRICE, with a corporate surety approved by the OWNER, within ten (10) calendar days of the date when the NOTICE OF AWARD is delivered to the BIDDER. The NOTICE OF AWARD shall be accompanied by the necessary AGREEMENT and BOND forms. In case of failure of the BIDDER to execute the AGREEMENT, the OWNER may at his option consider the BIDDER in default, in which case the BID BOND shall become property of the OWNER. OWNER reserves the right to waive any informalities or to reject any or all bids
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