The project includes power washing, surface prep and painting the interior and exterior of the west standpipe. Each bidder shall accompany his original bid, with a certified or Cashier's Check on a solvent bank located in Oklahoma or a Bidder's Bond, in the amount of five (5) percent of the amount bid, as a guarantee of his ability to perform the contract bid upon, and that he will enter into a written contract with the Owner to perform said work and/or furnish said materials in accordance with said plans and specifications and furnish the required bonds within seven (7) days after the acceptance of his bid. A Performance, Maintenance and Statutory Bond in the amount of 100% of the contract price with a Corporate Surety licensed in Oklahoma and approved by the Owner and Engineer, will be required for the faithful performance of the contract, and the bidder shall state in the proposal the name and address of the Surety or Sureties who will sign this bond in case the contract is awarded to him. The Maintenance Bond required will guarantee the repair of all damage due to improper materials or workmanship for a period of one (1) year after the acceptance of the work by the Owner. All bids shall remain on file at least forty-eight (48) hours. Bids received more than ninety-six (96) hours prior to the Bid Opening will be returned. The CONTRACTOR will fully complete the PROJECT on or before June 30, 2024. Liquidated damages will be $300.00 per calendar day. The CONTRACTOR will be required to begin work within 14 calendar days of the date shown on the Notice to Proceed. The Owner reserves the right to waive any informalities in the bidding and the right to reject any and all bids in accordance with the Oklahoma Competitive Bidding Act. Conditional bids shall not be accepted.
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