A Bidder's Bond from a reliable surety company licensed to operate in the State of Texas or certified Cashier's Check, (Bid Security) payable without recourse to the City of McAllen, for the amount of not less than five percent (5%) of the total bid shall be submitted via a sealed envelope as a guaranty that if awarded the contract, the bidder will enter into a contract with the City of McAllen. The Bidder's bid security shall be submitted before the above-mentioned electronic bid opening date and time. Failure to submit the bid security shall be grounds for disqualification.
Original Bid Security shall be delivered in a sealed envelope and clearly marked as follows: BID SECURITY FOR PROJECT NO. 04-23-P54-87 PURCHASE AND DELIVERY OF TYPE "D" HOT MIX ASPHALTIC CONCRETE - LA PALOMA SUBDIVISION (CDBG). Hand-deliver Bid Security or if using Land Courier (i.e., FedEx, UPS): 1300 Houston Avenue; Attn: Purchasing & Contracting Department; McAllen, Texas 78501 Mail Bid Security: P.O. Box 220, McAllen, TX 78505-0220 The City of McAllen reserves the right to refuse and reject any or all bids and to waive any or all formalities or technicalities, or to accept the bids considered the best value to the City, and to hold the bids for a period of sixty (60) days without taking action. This project is being funded, in part, by Community Development Block Grant funds and is subject to the following Federal requirements: Executive Order 11246; Clause 3 of the HUD Act of 1968; Title IV of the Civil Rights Act of 1964; Title VII of the Civil Rights Act of 1968; and Section 109 of the Housing and Community Development Act of 1974, and Related Acts as well as State laws and regulations. In addition, the successful bidder must ensure that employees and applicants for employment are not discriminated against because of race, color, religion, sex, age or national origin.
.webp)
