**As of September 06, 2022, bids received were rejected. Project will rebid but no definite date yet.** Work for which bids are to be received is for the reconstruction of Central Ave. between Kerkhoff Ave. and 6th St. and a portion of 7th Street between Brown St. and Central Ave. The project consists of common excavation, placement of stone base, HMA Base and HMA Surface, installation of new storm sewers and inlets, and installation of new sanitary sewers. Each bid shall be accompanied by a fully completed Form No. 96 (latest revision) and acceptable Bid Security. Any bid not accompanied by the above-required items shall be deemed to be a non-responsive bid. No Bidder may withdraw their proposal within a period of 60 days following the date set for the receiving of bids. The Owner reserves the right to retain any and all bids for a period of not more than 60 days and said bid shall remain in full force and effect during said time. The Owner further reserves the right to waive informalities and to award the Contract to any Bidder all to the advantage of the Town of Otterbein, or to reject all bids. BID SECURITY: Each bid shall be accompanied by an acceptable certified check made payable to the Town of Otterbein, Indiana or an acceptable bid bond in the amount equal to 10% of the total bid price executed by an incorporated surety company in good standing and qualified to do business in the State of Indiana and whose name appears on the current Treasury Department Circular 570. BONDS: A Performance Bond and Payment Bond each in the amount of 100% of the Contract Price will be required from the Contractor to whom the work is awarded. INDIANA REQUIREMENTS: Standard Questionnaire Form 96 (latest revision), filled out and signed, including attachment of Contractor's Financial Statement as stipulated in Section III.
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