The Board of Education, Carmel Clay School District, Carmel, Indiana will receive sealed bids for the Loose Furniture and Equipment Project at Carmel High School Performing Arts Center. Multiple lump sum bids will be considered for the work. By submitting Bid on enclosed Bid Form, Bidder satisfies requirement for Indiana Form No. 96 (Revised 2013), as prescribed by State Board of Accounts of Indiana. This shall clearly show Bidders financial resources, construction experience, organization, and equipment available for Work contemplated. A bid security in the form of AIA Document A310, a certified check, Indiana General Revised Form No. 86, Contractors Combination Bid Bond and Bond for Construction,or a form from an acceptable surety shall accompany each bid. The bid security shall be in the penal amount of 10 percent of the total bid. Bid security shall be forfeited if bid is withdrawn after closing time on date for receiving bids. Successful bidders are required to furnish satisfactory separate Performance Bond and Payment Bond AIA Document A312, from an acceptable surety in an amount equal to 100 percent of the full contract sum. The Owner reserves the right to reject each and every bid, and to waive informalities, irregularities, and errors in the bidding to the extent permitted by law. This includes the right to extend the date and time for receipt of bids. Carmel Clay School District reserves the right to assign all or a portion of the bid or bids to a Building Corporation, formed under Indiana Code Title 23, Article 17, Chapter 1.1. All Contracts awarded by either the School Corporation or Building Corporation shall be conditioned upon and subject to the sale by the Building Corporation of its securities in an amount sufficient to cover the cost of the contracts executed by the Building Corporation plus incidental expenses of the Corporation in connection with such work and such sale. The Corporation shall use its best efforts to sell such securities, but, upon its failure to do so or upon its determination that such securities cannot be sold, the Building Corporation and the School Corporation may cancel all such awards without liability. In the event such sale of securities is not completed within 60 days after the bid date, any Contractor may withdraw his bid, without liability, by written notice. Such cancellation shall be effective 30 days after written notice. No bidder may withdraw their bid within 60 days after the actual date of the bid opening thereof.
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