Site work for a water / sewer project in Waterloo, Iowa. Completed plans call for site work for a water / sewer project.

The extent of the work involved includes a directionally drilled 8-inch diameter PVC water main approximately 1,480 feet long in the City of Waterloo, Iowa in public road right of way from the West end of Sager Ave. to approximately 340 feet East of Progress Ave., plus approximately 1,450 feet of conventionally laid 8-inch dia. PVC water main in the City of Cedar Falls, in a private easement in un platted property west of Heartland Hills Second Addition from the West end of Matthew Dr. to the West end ofJill Dr. to the West end of Mark Dr. to the West end of Jodi Dr. to the West end of Sager Ave. plus water services and appurtenances to replace existing water mains and to construct new water mains. The successful Bidder shall be required to furnish corporate surety bonds in an amount equal to 100% ofits contract price, said bonds to be issued by a responsible surety approved by the Board of Trustees, and shall guarantee the faithful performance of the contract and the terms and conditions therein contained, and shall guarantee the prompt payment of all materials and labor and protect and save harmless the Board of Trustees from claims and damages of any kind caused by the operation of the contractor and shall also guarantee the maintenance of the improvements in good repair for a period oftwo (2) years from and after the completion and acceptance by the Board of Trustees. Each proposal shall be accompanied in a separate envelope by either cash, a certified check drawn on a solvent state, or national bank; or a bid bond, in the form set out in the Specifications, executed by a corporation authorized to contract as a surety in the State of Iowa in the amount equal to five percent (5%) of the amount of the proposal, made payable to the of the Treasurer of the Waterloo Water Works Board of Trustees of Waterloo, Iowa. Time is an essential element ofthis contract. It is important that the work be diligently pursued to completion. If the work is not completed within the specified contract period, plus authorized extensions, the contractor shall pay to the Waterloo Water Works Liquidated Damages in the amount offive hundred dollars ($500.00) per day, for each day, as further described herein, in excess of the authorized time.