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Published June 24, 2022 at 8:00 PM

Updated September 14, 2023

Site work and paving for a road / highway in Angleton, Texas. Completed plans call for site work for a road / highway; and for paving for a road / highway.

Each bid must be accompanied by certified check or bid bond, duly executed, in the amount of five (5%) percent of the bid. The successful bidder must furnish a Performance Bond, a Maintenance Bond and a Payment Bond, each in the sum of 100 percent of the Contract Price from a surety company holding a permit from the State of Texas to act as surety. Unless otherwise specified, the cost of proving such Bonds shall be included in the bidders total bid amount. The surety company must have a minimum Best Key Rating of "B+" or better. The surety company, the agency and agent issuing the Bonds must be authorized to issue Bonds in Texas in an amount equal to the total Contract Price and such authorization must be recorded in the files of the Texas Department of Insurance. The Bonds must be executed by a duly appointed representative of the surety company licensed by the State of Texas as a General Lines Agent and such licensing must be recorded in the files of the Texas Department of Insurance. If the surety company does not have such a rating due to the length of time it has existed, the surety company must be eligible to participate in the surety bond guarantee program of the Small Business Administration and must be an approved surety listed in the current U.S. Department of Treasury Circular 570, and must meet all of the rules and regulations of the Treasury Department with respect to performance and payment bonds for federal jobs, including specifically the rules related to underwriting limitation. For contracts over $100,000, the surety must also hold a certificate of authority from the United States Secretary of Treasury to qualify as a surety on obligations permitted or required under federal law, or have obtained reinsurance for any liability in excess of $1,000,000 from a reinsurer that is authorized and admitted as a reinsurer in the State of Texas and is the holder of a certificate of authority from the United States Secretary of Treasury to qualify as a surety or reinsurer on obligations permitted or required under federal law. If bidder's proposed surety company, agency or agents do not meet the aforementioned requirements, then Owner may refrain from considering the bidder for Contract award and Owner may require bidder to forfeit the Bid Security. The deadline to ask questions is 6/20/2022 12:00 AM CST

Post-Bid

Roads / Highways

$3,000,000.00

Public - County

Paving, Site Work

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June 22, 2022

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Multiple Locations, Angleton, TX

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