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Site work for a mixed-use development in Oelwein, Iowa. Completed plans call for site work for a water / sewer project; and swimming pool.

The bidder's security shall be in the amount of 5% of the total bid amount including all add alternates and shall be the Jurisdiction's bidder's bond with corporate surety satisfactory to the Jurisdiction. No other type of bid security will be accepted. The bidder's bond shall contain no condition except as provided in the specifications. The successful bidder will be required to furnish a construction performance, payment, and maintenance bond in an amount equal to one hundred percent (100%) of the contract price. Said bonds to be issued by a responsible surety approved by the City Council and shall guarantee the faithful performance of the contract and the terms and conditions therein contained and the maintenance of said improvements in good repair from the time of acceptance of the improvements by the City for not less than two (2) years. Contractor shall fully complete by July 28, 2023, except for seeding, which shall be completed by August 31, 2023. Liquidated Damages in the amount of $600.00 per Calendar Day will be assessed for each Calendar Day that any work shall remain uncompleted beyond July 28, 2023, except for seeding, which shall be completed by August 31, 2023.

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Swimming Pools

$173,173.00

Public - City

Site Work

15

5

7

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May 18, 2023

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