Renovation of a multi-residential development in Jacksonville, Florida. Completed plans call for the renovation of a multi-residential development.

The purpose of this project is to, as detailed herein and within Attachment A – Scope of Work, attached hereto, replace the roofs on five (5) buildings located at the agency's Victory Pointe property located at 6750 Ramona Blvd. Jacksonville, FL 32205 Building numbers 1, 2, 4, 5, and 7. As detailed within pertinent HUD and Federal regulation, the Contractor is required to pay Davis-Bacon wage rates (for all "construction contracts in excess of $2,000"). The applicable Wage Rates pertaining to the work detailed herein is attached hereto and detailed within Attachment H. This work will be subject to all the requirements pertaining to Davis-Bacon work, including the applicable Federal forms and procedures (i.e., on-site interviews; certified payrolls; etc.). the JHA reserves the right to, as determined by the JHA, "waive informalities and minor irregularities" in the offers received). Bids will be available for inspection by the public after the award has been completed. As this solicitation pertains to public works or construction, the bonds that are required include (each required for construction bids and/or contracts in excess of $100,000). The bid bond or guarantee shall be included in the bid package submitted by each bidder for any proposed fee that is greater. Performance Bond. The performance bond is meant to ensure that the contract is successfully completed. The performance bond guarantees that if the Contractor is unable to complete the contract, the surety company will step in to finish the work. In the case of a letter of credit or cash escrow, the Agency may use these funds to complete the contract work. The payment bond is a method of ensuring that the Contractor pays the subcontractors and suppliers. By requiring payment bonds, the Agency avoids becoming entangled in disputes concerning payment of subcontractors and suppliers by the general contractor. The surety underwriting the payment bond ensures the contractors and suppliers will be paid. Often, performance and payment bonds are combined into a single document. Failure to pay subcontractors for work performed in commercial contracts may often lead to the subcontractor filing a mechanic's lien against property owners to obtain payment for services rendered. The Agency contract requires the payment bond to prevent this problem and ensure that no liens will be filed against any Agency building or lot of ground. Question Deadline 12/28/2023 at 12:00 PM ET.