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Site work and new construction of a mixed-use development in Weatherford, Oklahoma. Completed plans call for the construction of a educational facility; and for site work for a educational facility.
Each bidder shall accompany their bid with a bid bond in the amount of five percent (5%) of the amount bid. Such bond shall serve as liquidated damages and be forfeited in the event the successful bidder fails to enter the contract. The successful contractor shall furnish a performance bond equal to one hundred percent (100%) of the contract as security for the faithful performance of this contract, and a labor and material payment (statutory) bond in an amount of one hundred percent (100%), or in the penal sum not greater than that prescribed by state, territory, or local law, as security for the payment of all persons performing labor on the project under this contract and furnishing materials in connection with this contract. The bonds shall be written by a surety licensed to do business in the locale in which the work is being performed and shall be satisfactory to the owner. Bonding company shall have rating of A.M. Best rating of A-, financial size of VII (7) or better
Award
Educational
$526,000.00
Public - City
New Construction, Site Work
Trades Specified
Division 00 - Lorem Ipsum
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To Be Determined, Weatherford, OK
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