Bids may be withdrawn prior to such time, but no Bids shall be withdrawn for a period of 60 days thereafter. Bids shall be for Complete Construction only on a lump sum basis for all classes of work required by the Contract Documents. In addition to procurement of the project scope the Owner wishes to enter into a Maintenance Agreement with the successful contractor to establish a basis for servicing of the district video security system for a duration of three (3) years beyond the warranties required by the specifications. A separate line is provided within the bid form for pricing for such agreement. Bids shall be properly executed, addressed to the Tippecanoe School Corporation, Lafayette, Indiana, and submitted on Form 96 (Revised 2013), as prescribed by the State Board of Accounts, giving financial data as recent as possible and in no event more than 90 days old. Each Bid shall be accompanied by an executed Non-Collusion Affidavit, Bid Security and such other documents required by the Instructions to Bidders. A Bid Security in the form of AIA Document A310 (Bid Bond), or a certified check, or an Indiana General Revised Form No. 86, "Contractor's Combination Bid Bond and Bond for Construction", shall accompany each Bid. The Bid Security shall be in the penal amount of 10 percent of the total Bid and made payable to the Tippecanoe School Corporation. Bid Security shall be forfeited if Bid is withdrawn after closing time on date for receiving bids. Contractor awarded work will be required to furnish a satisfactory Performance Bond and Payment Bond from an acceptable surety in an amount equal to 100 percent of the full contract sum. The Owner reserves the right to reject any and/or all Bids, and to waive informalities, irregularities, and/or errors in the bidding to the extent permitted by law. This includes the right to extend the date and time for receipt of Bids.
.webp)
