Site work for a road / highway in Ames, Iowa. Completed plans call for site work for a road / highway.

Each successful bidder shall be required to furnish a corporate surety bond in an amount equal to one hundred percent (100%) of its contract price. Said bond is to be issued by a responsible surety approved by the City Council, shall guarantee the faithful performance of the contract and the terms and conditions therein contained, shall guarantee the prompt payment of all material and labor, protect and save harmless the City from claims and damages of any kind caused by the operations of the contract, and shall guarantee the maintenance of the improvement in good repair for a period of two (2) years from and after completion and acceptance by the City. The guaranteed maintenance period shall be four (4) years for new paving. The contractor shall not include sales or use taxes in the bid. Pursuant to the Iowa Code and Iowa Administrative Code, the contractor will be authorized to purchase building materials that will be incorporated into real property on this project tax-free. Iowa Construction Sales Tax Exemption Certificates will be issued by the City, which will authorize suppliers of building materials to sell materials exempt from Iowa sales tax and any applicable local option sales tax and school infrastructure local option sales tax to the entity listed on the certificate. Upon award of the contract, the successful contractor will be required to provide their project information, and information for each subcontractor and supplier requiring exemption certificates. Work shall commence as soon as possible after award and approval of the contract and performance bond. Work shall be completed no later than the designated contract completion date of August 16, 2024. Should the contractor fail to complete the work by this date, liquidated damages of $1,000 per calendar day will be assessed. The City does hereby reserve the right to reject any or all bids, to waive informalities, and to enter into such contract, or contracts, as it shall deem to be in the best interest of the City.