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Renovation of a mixed-use development in Humboldt, Tennessee. Completed plans call for the renovation of a educational facility.
The full amount of the deposit will be returned to all bidders providing the plans and specifications are returned to the Construction Manager in satisfactory condition within seven (7) days after the bid date. The deposit will also be returned to the successful bidder. Additional complete sets may be purchased at the bidder's expense. All bids in excess of $25,000.00 are required to include bid security in the amount equal to 5% of each bid sum. Bid bonds shall be issued by a surety licensed to conduct business in the State of Tennessee and made payable to Lashlee-Rich, Inc. The surety must have an A.M. Best Rating of "A" or better. A cashier's check or certified check made payable to Lashlee-Rich, Inc. will also be acceptable. Successful bidders for Bid Packages in excess of $25,000.00 shall furnish Performance and Payment Bonds equal to 100% of the Subcontract Sum. Bonding Company shall have an A.M. Best Rating of "A" or better. All bonds shall be made payable to Lashlee-Rich, Inc. The Owner reserves the right to waive any informalities in or to reject any and all bids, to evaluate bids and to accept the bid, which, in the Owner's opinion, may be in the best interest of the Owner.
Post-Bid
Educational
$1,500,000.00
Public - City
Renovation
Trades Specified
Division 00 - Lorem Ipsum
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