Renovation of a multi-residential development in Bismarck, North Dakota. Completed plans call for the renovation of a multi-residential development.

Each bid must be accompanied by a separate envelope containing the contractor's license and bid security. The bid security must be in a sum equal to five percent of the full amount of the bid and must be in the form of a bidder's bond. A bidder's bond must be executed by the bidder as principal and by a surety, conditioned that if the principals bid is accepted and the contract awarded to the principal, the principal, within ten days after notice of the award, shall execute a contract in accordance with the terms of the bid, the bid bond, and any conditions of the governing body. Bids shall comply with North Dakota Century Code Chapter48-01.2 as amended. If a successful bidder does not execute a contract within the time allowed, the bidder's bond shall be forfeited to the governing body and the project awarded to the next lowest responsible bidder. No bidder may withdraw their bid within60 days after the actual date of the opening thereof. The Bid Bond of the three lowest Bidders for each contract will be retained until the contract has been awarded and executed, but no longer than sixty (60) days after the date of the Bid. All Bidders shall hold a valid North Dakota Contractor's license of the proper class for the full amount of the bid as required by North Dakota Law Sections 43-07-05and 43-07-12 and shall enclose a copy of the license or Certificate of Renewal of the license in the same envelope as the Bidder's Bond. A Contractor shall be the holder of a license at least ten days prior to the date set for receiving Bids to be a qualified Bidder. No bid will be read or considered which does not fully comply with the above requirements as to bond and licenses, and any deficient bid submitted must be resealed and returned to the bidder immediately. Bids shall be in accordance with and submitted on the Bid form supplied within the Bid Documents. Failure to do so may result in rejection of the Bid. The Owner reserves the right to reject any and all bids and to waive any formalities therein, and rebid the project until a satisfactory bid is received. The successful Bidder will be required at the time the contract is executed to provide a certificate from and by the office of the State Tax Commissioner showing that all taxes due and owing to the State of North Dakota have been paid, Workers' Compensation Insurance Certificate, Certificate of Insurance to include North Dakota Stop Gap coverage, "Builder's Risk coverage", Company Safety Manual, North Dakota University System Performance and Payment Bond and Waiver of Subrogation.