Renovation of a mixed-use development in Mitchell, Indiana. Completed plans call for the renovation of a educational facility.

Each proposal must be accompanied by a certified check made payable to Mitchell Community Schools in an amount equal to not less than five percent (5%) of the base bid or an acceptable bidder's surety bond made payable to Mitchell Community Schools, in a SPECIFIC AMOUNT of not less than five percent (5%) of the base bid, executed by a surety company authorized to do business in the State of Indiana. The certified check or bidder's bond shall be a guarantee that said bidder will, if the contract is awarded to him, execute within ten (10) days from the acceptance of his proposal a contract for the work bid upon, and furnish acceptable surety bonds as set forth in the specifications. However, if the contractor has not executed the contract within the ten (10) day period or has failed to furnish acceptable surety bonds as indicated, the Owner reserves the right to award the contract to the most responsive and responsible bidder, and the bid security will be forfeited. Bid Forms shall be properly and completely submitted on Contractor's Bid for Public Bidding Form No. 96 as prescribed by the State Board of Accounts for the State of Indiana, in addition to the Bid Form included in these specifications. No bidder may withdraw his bid for a period of ninety (90) days after the date set for the opening of bids. A Financial Statement is a required attachment to Form 96. Check each project's manual for specific qualifications and forms to include in the bid package. Owner reserves the right to reject any or all bids and to waive any defects or irregularities if deemed to be for the best interest of the Corporation.