Renovation of a multi-residential development in Ventura, California. Completed plans call for the renovation of a multi-residential development.

Q/A Cutoff Date: 08/10/2023 14 Days, 13 Hours, 50 Minutes to the deadline Q/A Cutoff Time: 04:00 PM CDT All bids must be accompanied by a negotiable bid guarantee which shall not be less than five percent (5%) of the amount of the bid. The Bid guarantee may be a certified check, bank draft, U.S. Government Bonds at par value, or a bid bond secured by a surety company authorized to do business in the state where the work is to be performed. Certified checks and bank drafts must be made payable to the order of Authority. The bid guarantee shall insure the execution of the contract and the furnishing of a method of assurance of completion by the successful bidder as required by solicitation. Failure to submit a bid guarantee with the bid shall result in the rejection of the bid. Bid guarantees submitted by unsuccessful bidders will be returned as soon as practicable and after the bid opening. The successful bidder shall furnish an assurance of completion prior to the execution of any contract under this solicitation. This assurance shall be in the form of a performance and payment bond in a penal sum of 100 percent of the contract price.