For a single prime contract for the Water Meter Replacement Project in the City of Hazleton, Iowa. Work under the proposed contract shall be commenced within ten (10) working days after receipt of written "NOTICE TO PROCEED" which is expected to be issued in mid-June 2022 and shall be completed on or before October 31, 2022. The City of Hazleton will provide, in accordance with State regulations, documentation to the Contractor stating that payment of State sales tax on materials purchased for use on this public improvement project will not be required. The Contractor shall present this documentation to material suppliers to assure sales tax is not charged to the Contractor. The Contractor shall be aware of this sales tax exemption when preparing bid documentation. The Iowa Statewide Urban Designs and Specifications (SUDAS) shall apply to construction work on this project. Payments made to the Contractor will be based on monthly estimates in amounts equal to ninety-he percent of the contract value of the work completed. Payments will be made by the Owner from cash-on-hand from such sources as may be legally available. Bid Security in the amount of five percent (5%) of the Bid must accompany each Bid in accordance with the Instructions to Bidders. The full amount of the Bid Security shall be forfeited to the Owner in liquidation of damages sustained in the event that the bidder fails to execute the contract as provided in the Bidding Documents. No bid may be withdrawn for a period of 30 calendar days after the date of the opening. Bidders shall be prepared to submit a performance and payment bond in the amount of 100% of the contract price and a four-year maintenance bond, conditioned on the faithful performance of the contract.
By virtue of statutory authority, a preference will be given to products and provisions grown and coal produced within the State of Iowa. Iowa law provides that on public improvements a resident bidder shall be allowed preference as against a nonresident bidder from a state or foreign country which gives or requires a preference to bidders from that state or foreign country. The preference so allowed shall be equal to the preference given or required by the state or foreign country in which the nonresident bidder is a resident. It is the intent of the Owner to award a contract to the lowest responsible bidder provided the bid has been submitted in accordance with the requirements of the bidding documents and does not exceed the funds available. The Owner shall have the right to waive informalities or irregularities in the bid.
.webp)
