The City of Corinth (City) is requesting bids for an annual contract for Emergency Repair Services for the City of Corinth as described in the following bid specifications. The successful bidder shall execute a contract to furnish all equipment, materials, supplies, labor, permits, insurance and licenses as necessary to provide goods/services in accordance with the instructions, specifications, terms and conditions set forth in this bid. Questions Due Date: Nov 11th 2022, 10:00 AM CST The vendor selected by the City shall furnish proof of insurance prior to bid award in the form of an insurance certificate to the Purchasing Department. Anticipated Contract Effective Date: December 15, 2022 Respondents are not initially required to provide Payment, Performance or Maintenance Bonds; however, bond requirements will be provided to the Contractor based on individual Work assignments. A Performance Bond will be required from the Contractor for any individual project where the Work exceeds $100,000. A Payment Bond will be required from the contractor for any individual project where the Work exceeds $50,000. The bonds must be executed in the full amount of the Work that covers the time period the project will be allowed for construction The bonds must be executed by a corporate surety in accordance with the law, the corporate surety must be licensed by the State of Texas to issue surety bonds and appear on the U.S. Treasury List of acceptable sureties. When Performance, Payment, and Maintenance Bonds are required, they shall be provided in accordance with the General Conditions. The successful bidder will be awarded a contract effective from date of award or notice to proceed as determined by the City; and will expire at midnight, December 15, 2023, unless earlier terminated by either party. At the City's option and approval by the Contractor, the contract may be renewed for two additional one (1) year periods, if agreed upon in writing by both parties. Bid prices will remain firm for the entire contract period. The City of Corinth reserves the right to reject any and all bids and to waive defects in bids. No officer or employee of the City of Corinth shall have a financial interest, direct or indirect, in this or any contract with the City of Corinth. Minority and small business vendors are encouraged to submit a bid on any and all City of Corinth projects
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