Renovation of a residential development in Smithfield, North Carolina. Completed plans call for the renovation of a residential development.

Scope of work will consist of renovations and modernization of existing project and includes, but is not limited to, the following items: o Remove and replace existing gas furnace(s) and coiling coil(s) with new gas furnace(s) and cooling coil(s). o Remove and replace existing exterior condenser unit(s) with new condenser unit(s). Pressure test existing refrigerant lines. Replace if leaks are found, otherwise reuse existing lines. o Provide all other work as shown on plans, in the project manual and as required by building codes and the authority having jurisdiction. The Owner has some vacant units and will unlock designated units so Contractors can have access to the interior. Contractors are asked to notify the Owner / schedule their visits ahead of time so that visits can be spread out - the intent is that only one Contractor will be in a vacant apartment at any given time as part of "Social Distancing" efforts. Questions that arise from the Site Visits are to be directed to the Architect at bids@stognerarchitecture.com. All contractors are hereby notified that they must have proper license under the State laws governing their respective trades, whether or not Federal Funding is involved. North Carolina's Permanent Rules for the Lead Based Paint Hazard Management Program for Renovation, Repair and Painting (LHMP-RRP); 10A NCAC 41C.0900, became effective 11-01-2010. These rules and the associated General Statutes REQUIRE Certification of Prime Contractor, Renovators, Dust Sampling Technicians and firms conducting renovation, repair and painting for compensation that disturbs lead based paint in housing or child occupied facilities built before 1978. The Buildings in this contract have not been tested in accordance with North Carolina's LHMP-RRP rules; This Contract Does Not Anticipate a disturbance of the minimum amount of painted surfaces and based on the RRP Rules the Prime Contractor is NOT REQUIRED to be Certified prior to Bidding. Contractors are notified that Chapter 87, Article 1, General Statutes of North Carolina will be observed in receiving and awarding Contracts. Contractors will be responsible to ensure that economic opportunities, to the greatest extent feasible follow Section 3 Requirements 24 CFR Part 135.1 and Section 3 Clause 24 CFR Part 135.38. Each proposal shall be accompanied by a cash deposit or a certified check drawn on some bank or trust company insured by the Federal Deposit Insurance Corporation, of an amount equal to not less than five percent (5%) of the proposal or in lieu thereof a bidder may offer a bid bond of five percent (5%) of the bid executed by a surety company licensed under the laws of North Carolina and per Section 9 of Form 5369 and individual sureties must be listed on US Treasury Circular Number 570 to execute the contract in accordance with the bid bond and per HUD-5369 Sections 9 and 10. Five Percent shall be based on the maximum bid price, ie: Base Bid plus Unit Prices plus Contingency Allowance plus All Add Alternates. Said deposit shall be retained by the Owner as liquidated damages in event of failure of the successful bidder to execute the contract within ten (10) days after the award or to give satisfactory surety as required by law. (Bid Bond not required if bid is less than $100,000.00.) A Performance Bond and a Payment Bond will be required for one hundred percent (100%) of the contract price, OR a 20% cash Escrow OR a 25% Letter of Credit. (NOTE: IF CASH ESCROW OR LETTER OF CREDIT IS USED IT MUST REMAIN IN FORCE UNTIL END OF WARRANTY PERIOD) Performance and Payment Bond not required if Bid is less than $100,000.00. Payment will be made on the basis of ninety percent (90%) of monthly estimates and final payment made upon completion and acceptance of work. The Smithfield Housing Authority is authorizing this method as a onetime method, and this procedure may not be an option for future bids. Bid should be sent early enough so that it is actually received, not just sent, no later than the Bid Date and Time *The value for this project is based on a financial range. The value is listed as the highest possible cost from the range provided by a stakeholder or official project document. The range for this project is between $400,000 and $600,000. *The value for this project is based on a financial range. The value is listed as the highest possible cost from the range provided by a stakeholder or official project document.