The, "2023 Valve Replacement Project" which will include the installation of approximately 10-1.5 Gate Valves, 41-2" Gate Valves, 25-3" Gate Valves, 1-3.5" Gate Valves, 13-4" Gate Valves, 1-5" Gate Valve, 6-6" Gate Valves, 6-8" Gate Valves connection and associated appurtenances Small businesses and minority owned businesses are encouraged to bid on this project. Rural Water District No. 2, Mayes County is an equal opportunity organization. Surety companies executing bonds must be authorized to transact business in the State of Oklahoma. The Owner has allotted 120 calendar days for this project. Provisions have been taken into account and are included within the allotted 120 calendar days for the annual standard weather conditions. The contractor acknowledges that Liquidated damages of $300.00 dollars per calendar day will be accessed after the allotted time period. A bid bond payable to the Owner must accompany each bid for five percent of the total amount of the bid. As soon as the bid prices have been compared, the Owner will return the bonds of all except the three lowest responsible bidders. When the agreement is executed, the bonds of the two remaining unsuccessful bidders will be returned. The bid bond of the successful bidder will be retained until the payment bond and performance bond and/or statutory bond have been executed and approved, after which it will be returned. A certified check may be used in lieu of the bid bond. A performance bond and a payment/statutory bond, each in the amount of 100 percent of the contract price and each with a corporate surety approved by the Owner, will be required for the faithful performance of the contract. Attorneys-in-fact who sign bid bonds or payment bonds and performance bonds must file with each bond a certified copy of their Power of Attorney bearing the effective date The party to whom the contract is awarded will be required to execute the agreement and obtain the performance bond and statutory bond within ten (10) calendar days from the date when Notice of Award is delivered to the bidder. The necessary agreement and bond forms shall accompany the Notice of Award. In case of failure of the bidder to execute the agreement, the Owner may consider the bidder in default; in which case the bid bond accompanying the proposal shall become the property of the Owner. The Owner, within ten (10) days of receipt of acceptable performance bond, statutory bond and agreement signed by the party to whom the agreement was awarded, shall sign the agreement and return to such party an executed duplicate of the agreement. Should the owner not execute the agreement within such period, the bidder may, by written notice, withdraw the signed agreement. Such notice of withdrawal shall be effective upon receipt of the notice by the owner. The Owner shall issue the Notice to Proceed within ten (10) days of the execution of the agreement. Should there be reasons why the Notice to Proceed cannot be issued within such period, the time may be extended by mutual agreement between the Owner and contractor. If the Notice to Proceed has not been issued within the ten-day period or within the period mutually agreed upon, the contractor may terminate the agreement without further liability on the part of either party. The Owner may make such investigations as deemed necessary to determine the ability of the bidder to perform the work and the bidder shall furnish to the Owner all such information and data for this purpose as the Owner may request. The Owner reserves the right to reject any bid if the evidence submitted by or investigation of such bidder fails to satisfy the Owner that such bidder is properly qualified to carry out the obligations of the agreement and to complete the work contemplated therein. A conditional or qualified bid will not be accepted. Award will be made to the lowest responsible bidder.
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