The scope of work is to include, but not be limited to, clearing, grading and stabilization of the riverbank. The work is to be constructed according to Plans and Specifi cations, as contained in the bidding documents, prepared by Lochmueller Group, 6200 Vogel Rd. Evansville, IN 47715. Construction can start immediately after receipt of Notice to Proceed, and must be substantially completed by March 17, 2023, or incur liquidated damages. A prime contract bidder who performs the services described herein shall be entitled to like incentives to said liquidated damages, all of which is described in more detail in the bidding documents. Each prospective bidder shall refer to the Instructions to Bidders, bound in the Project Manual, and as contained in the bidding documents, for additional bidding procedure requirements. Bids shall be properly executed, addressed to the City of Mt. Vernon, IN., submitted on Contractors Bid For Public Works Form 96 (revised 2013), as prescribed by the Indiana State Board of Accounts giving fi nancial data as recent as possible and in no event older than ninety (90) days. Bidder shall also fi ll out the Itemized Bid Form provided in the bidding documents. Each bid shall be accompanied by a certifi ed check made payable to the City, or by an acceptable bidder's bond for an amount not less than fi ve (5) percent of the total bid price, executed by a Surety Company authorized to do business in the State of Indiana. The certifi ed check or bidder's bond shall be a guarantee that said bidder will, if the contract is awarded to him or her, execute within ten (15) days from the acceptance of his or her proposal, a contract for the work bid upon, and furnish acceptable surety bonds as set forth in the bidding documents. However, if the Contractor fails to execute the Agreement within the fi fteen (15) day period or has failed to furnish acceptable surety bonds as indicated, the Owner reserves the right to award the contract to the most responsive and responsible bidder, and the bid security will be forfeited. Bids received after the designated time above will be returned unopened. Bids may be withdrawn prior to the designated time, but no bids shall be withdrawn for a period of sixty (60) days thereafter. The City of Mt. Vernon, IN, reserves the right to reject any and all bids.
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