Renovation of an educational facility in Colesburg, Iowa. Completed plans call for the renovation of a educational facility.

Work of this proposed Contract consists of interior renovations and HVAC improvements to the Edgewood-Colesburg Elementary School Building located at 409 East Street, Colesburg, IA 52035. The bid is for a Prime Contract as described elsewhere in the specifications. Bids shall be on a lump sum basis and shall be submitted on a bid form provided in the specifications for the project; segregated subbids will not be accepted. Work is anticipated to commence upon award of contract. Bid security in the amount of 5% of the total bid in the form of certified check, credit union share draft, or surety bond written on an original AIA Document A310, Bid Bond is required for this project. The successful bidder will be required to provide surety Performance and Payment Bonds in an amount equal to one hundred percent (100%) of the Contract Sum. The surety providing bonds must have an (A-) A.M. Best rating or better or be listed on the U.S. Department of Treasury listing of approved sureties (Department Circular 570). The cost of the Bonds shall be included in the Contract Sum. By virtue of statutory authority, preference will be given to products and provisions grown and produced within the State of Iowa and to Iowa domestic labor, provided that the award of the contracts will be made to the lowest responsive, responsible Bidder, which shall be without regard to state or local law whereby preference is given on factors other than the amount of the bid. Monthly estimates will be paid to the contractor as the work progresses in amounts equal to ninety-five per cent (95%) of the contract value of the work completed during the preceding calendar month, including the actual cost (exclusive of overhead or profit to the contractor) of materials and equipment of a permanent nature to be incorporated in the work and delivered to and stored at the job site. Such monthly payments shall in no way be construed as an act of acceptance for any part of the work, partially or totally completed. Final payment of the remaining amount due the contractor will be made no earlier than thirty-one (31) days from the final acceptance of the work by the Owner, subject to the conditions and in accordance with the provisions of Chapters 26 and 573 of the Code ofIowa. Sales Tax. Iowa sales tax will not be paid on materials purchased for this project. The Owner will issue sales tax exemption certificates for the project. The Owner hereby reserves the right to reject any or all bids and to waive informalities and irregularities and to accept the lowest responsive and responsible bid.