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This is a service / maintenance or supply contract in Clarksburg, West Virginia. Contact the soliciting agency for additional information.
The Owner reserves the right, by written notice to the successful contractor, to terminate the contract if the contractor has been found to fail to perform its service in a manner satisfactory to the Owner, including delivery as specified. Bids exceeding five thousand dollars ($5000) shall be accompanied by a Bid Bond payable to the owner for five percent (5%) of the total bid, issued by a solvent surety company listed on the most current Federal Register, Circular 570 and authorized to do business in the State of West Virginia. Should the bidder refuse to enter into a contract with the Owner on the terms stated in the bidding documents, the full amount of the bid security shall be forfeited to the Owner as liquidated damages, not as a penalty. B. A certified cashier’s check is not acceptable as a Bid Bond. PERFORMANCE & MATERIAL BOND A. No Performance & Material Bond is required for projects of $25,000 or less. B. For projects exceeding $25,000, the bidder to whom the contract is awarded shall pay for, execute, and deliver to the Owner within ten (10) business days after award of the contract by the Owner a 100% corporate surety Performance and Material Payment Bond on AIA Document A311 (or equivalent form), to be executed by a solvent Bonding company listed in the most current Federal Register, Circular 570, and is authorized to do business in West Virginia. The labor and material Bond shall be in the sum of 100% of the company contract. C. An irrevocable Letter of Credit is not acceptable as a Performance Bond.
Post-Bid
Educational
Public - State/Provincial
Service, Maintenance and Supply
Plans and Specifications are not available for this project. If that changes, they will be made available here.
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