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Renovation of an educational facility in Alexandria, Minnesota. Completed plans call for the renovation of a educational facility.
The bid security must be in a sum equal to five percent of the full amount of the bid and must be in the form of a bidders bond. A bidders bond must be executed by the bidder as principal and by a surety, conditioned that if the principals bid is accepted and the contract awarded to the principal, the principal, within ten days after notice of the award, shall execute a contract in accordance with the terms of the bid, the bid bond, and any conditions of the governing body. If a successful bidder does not execute a contract within the time allowed, the bidders bond shall be forfeited to the governing body and the project awarded to the next lowest responsible bidder. No bidder may withdraw their bid within 60 days after the actual date of the opening thereof. The Bid Bond of the three lowest Bidders for each contract will be retained until the contract has been awarded and executed, but no longer than sixty (60) days after the date of the Bid. No bid will be read or considered which does not fully comply with the above requirements and any deficient bid submitted must be resealed and returned to the bidder immediately. Bids shall be in accordance with and submitted on the Bid form supplied within the Bid Documents. Failure to do so may result in rejection of the Bid. The Owner reserves the right to reject any and all bids and to waive any formalities therein, and rebid the project until a satisfactory bid is received.
Post-Bid
Educational
$90,000.00
Public - City
Renovation
Trades Specified
Division 00 - Lorem Ipsum
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510 McKay Ave N, Alexandria, MN
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