Contractors for the Flood Mitigation De Molition Project - Phase Xii. Each Contractor Submitting a Bid Shall Include a Cashier's Check, Certified Check or Bid Bond (Aia Document A310) Guaranteeing Its Offer to Contract With the City if Awarded the Same and to Perform and Complete Said Work in Accordance With Its Bid and the Contract Documents. The Security Shall Be Made Payable to the City, Without Condition, in an Amount of No Less Than Ten Percent (10%) of the Aggregate Bid Amount. Bids May Be Withdrawn Prior to the Expiration of the Bidding Period, but Any Such Withdrawal Shall Disqualify the Contractor From the Project. No Bid Shall Be Withdrawn After the Bid Opening Until the Earlier of the Consent of the City or Forty-five (45) Days Following the Expiration of the Bidding Period, as May Be Extended. Any Contractor Awarded the Contract for the Project Will Be Required to Post a Performance Bond and Labor and Material Payment Bond in a Penal Amount Equal to the Contract Price. The Project Calls for the Construction of a "Public Work", Within the Meaning of the Illinois Prevailing Wage Act, 820 Ilcs 130/0.01, Et Seq. (the Act). The Act Requires Contractors and Subcontractors to Pay Laborers and Workers Performing Services on Public Works Projects No Less Than the "Prevailing Rate of Wages" (Hourly Cash Wages Plus Fringe Benefits) in the County Where the Work Is Performed. For the Entire Duration of This Work Under the Contract Documents, the Contractor Shall Conform to the Federal and State Statutes on Equal Opportunity and Fair Employment. Submission of Required Certified Payroll Records Will Be Required Prior to Payment by the City to the Contractor. 9. The City Encourages the Participation of Businesses Owned by Minorities, Females and Persons With Disabilities in the Implementation and Execution of the Project, Either on a Direct Basis or Through Subcontracting Efforts. Dbe Requirements for the Project Are Con Sisted With State of Illinois Dbe Requirements a Dbe Form Must Be Submitted as a Part of a Contractor's Bid. No Contractor Shall Be Allowed Access to Any of the Building Structures Outside of the Walk-through Time So Each Contractor's Timely Presence Is Demanded. During the Walk-through, Contractors May Inspect or Cause to Have Inspected the Building Structures. 11. This Call Shall Not Create Any Legal Obligation on Behalf of the City to Evaluate Any Bid That Is Submitted by a Contractor, or to Enter Into Any Contract With a Contractor Submitting a Bid. The City Reserves the Right to (1) Cancel or Modify This Call or the Contract Documents in Whole or in Part: (2) Reject Any or All Bids Submitted; (3) Waive Non-materiai Formalities and Technicalities Deemed Appropriate; (4) Postpone Bid Opening; (5) Issue a Call for New Bids; and/or (6) Award the Contract for the Demolition Project in Whole or in Part, or to One or More Contractors.
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