RFQ Question Submission Deadline 7/11/23 at 2:00PM
Question and Answer Release Date 7/18/23 at 2:00PM Bid Security shall be in the form of either a certified check made out to the Housing Authority for five percent (5%) of the amount. In the event performance and payments bonds are to be furnished as heretofore provided, the successful bidder shall, within fifteen (15) working days after
written notification from the Authority that its proposal is being considered for an award of the Contract, deliver to the Authority an executed bond in an
amount equal to one hundred percent (100%) of the Contract Price to secure the faithful performance of the Contract and an executed bond in an amount equal
to one hundred percent (100%) of the Contract Price as security for the payment of all persons performing labor or furnishing materials in connection with this
Contract, prepared on the forms of bonds authorized by the Authority, and having as surety thereunder such surety company or companies as are approved by
the Authority. The surety company that issues performance and payment bonds must be included on the current list of the Treasury Department and authorized
to do business in the State of New York where an Authority Contract is funded by federal money ONLY. For all other Authority Contracts, unless otherwise
specified, the surety company needs only to be authorized to do business in the State of New York. Minority business enterprise ("MBE") means a business that is at least 51% owned by one or more minority group members; or, in the case of a
publicly-owned business, one in which at least 51% of its voting stock is owned by one or more minority group members, and whose management
and daily business operations are controlled by one or more such individuals. For this purpose, minority group members include: (A) Black persons
having origins in any of the Black African racial groups; (B) Hispanic persons of Mexican, Puerto Rican, Dominican, Cuban, Central or South
American descent of either Indian or Hispanic origin, regardless of race; (C) Native American or Alaskan native persons having origins in any of the
original peoples of North America; (D) Asian and Pacific Islander persons having origins in any of the Far East countries, Southeast Asia, the Indian
subcontinent or the Pacific Islands; and (E) those groups of United States citizens or resident legal aliens designated by the Small Business
Administration or any group designated by the Secretary of the United States Department of Housing and Urban Development. legal aliens; or, in the case of publicly-owned businesses, one in which at least 51% of the stock is owned by one or more women who are United
States citizens or resident legal aliens, and whose management and daily operations of the business are controlled by one or more such women. The Contract will be awarded, to the lowest responsible bidder complying with the conditions of the Contract Documents, provided the Proposal is
reasonable and it is to the interest of the Authority to accept it. The bidder to whom the award is made will be notified at the earliest possible date of the
acceptance of the Proposal. The Authority, however, reserves the right to reject any and all Proposals for any reason or to waive any informality in
Proposals received whenever such rejection or waiver is in the interest of the Authority. The Authority may but need not consider any Proposal on which
there is an alteration of or departure from the Contract Documents. Change in Risk - NYCHA reserves the right to revise the types and amounts of insurance required due to any temporary or permanent
material change in the services, scope of work or operations which may increase the potential liability of any party, as determined at NYCHA's
sole discretion.
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