PROPOSAL SECURITY shall accompany each proposal submitted in the form of a certified check, certified bank treasurer's check, bank cashier's check or bid bond executed by an acceptable surety company, and in an amount equal to 10% of the total amount of the Bid.
Construction of a 30' x 60' Salt Storage Shed
PROPOSALS may not be withdrawn by the Bidder for a period not to exceed 60 calendar days following the actual date of the opening thereof, except as provided by Act No. 57 (1998) of the General Assembly of the Commonwealth of Pennsylvania or other laws. However, if award of contract is delayed by a required approval of another government agency, the sale of bonds or the award of grants or grant, the proposals may not be withdrawn by the bidder for a period not to exceed 120 days from the date of bid opening in accordance with Pennsylvania Law. The successful bidder will be required to furnish surety bonds in the form of the enclosed "Performance Bond and Payment Bond". Each bond shall be in a sum equal to 100% of the Contract Price, and shall be executed by a surety company satisfactory to the Owner. The undersigned reserves the right to waive informalities in or reject any or all proposals or parts thereof. The undersigned reserves the right to make or not make acceptance(s) in the best interest of Pequea Township. SEALED PROPOSALS are invited by the undersigned for the Project described as Pequea Township Salt Storage Shed for Pequea Township, 1028 Millwood Road, Willow Street, PA 17584. PROPOSALS are invited on a lump sum basis for the following work: Construction of a 30 x 60 Salt Storage Shed Prospective bidders are advised that this project is one which will be subject to and governed by provision of Pennsylvania Prevailing Wage Act including amendments and supplements thereto. Bidders shall prepare their proposal after giving consideration to the applicability of said Pennsylvania Prevailing Wage Act to the work involved.
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