Bid consists of multiple schedules of materials that the supplier is able to pick and choose from for the Wagoner Downtown Storm Sewer project. It is to be understood that the CONTRACTOR is responsible for obtaining a construction permit and certification through the UPRR. It is their duty to understand the responsibilities, safety standards, and regulations that the UPRR has in place while working on Railroad property. Each bid must be accompanied by a bid bond payable to the OWNER for five percent of the total amount of the bid. A certified check may be used in lieu of the bid bond. No bid security is required if bid is $7,500.00 or less. As soon as the bid prices have been compared, the OWNER will return the bonds of all except the three lowest responsible bidders. The bid bond of the successful bidder will be retained until the Performance Bond, Statutory Bond, Maintenance Bond and Certificate of Insurance have been executed and approved, after which it will be returned. The bid security of the two remaining unsuccessful Bidders will be returned after the successful Bidder has entered into a contract and has furnished the required bonds and insurance. A Performance Bond, Statutory Bond and Maintenance Bond each in the amount of 100 percent of the Contract Price with a corporate surety approved by the OWNER will be required for the faithful performance of the Contract. Attorneys-in-fact who sign Bid Bonds and Performance Bonds must file with each Bond a certified and effective dated Copy of their Power-of-Attorney. The time for completion is 52 consecutive calendar days. All questions about the meaning or intent of the Bidding Documents are to be submitted to Engineer in writing in accordance with the Request for Information form.
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