Site work for a water / sewer project in Alpena, Michigan. Completed plans call for site work for a water / sewer project.

Work under this agreement shall start within ten (10) days or on an agreed upon date after the receipt of the executed contract, which shall serve as the notice to proceed and shall be completed by the following date: June 30, 2024. Five Hundred ($500) dollars per day will be deducted from monies due the Contractor for each calendar day, exclusive of Sundays and holidays, that the work remains uncompleted beyond the completion date. Written extensions will be reviewed and may be approved by the City Engineer with justifications. Performance Bond: A bond satisfactory to the City, executed by a surety company authorized to do business in the state or otherwise secured in a manner satisfactory to the City, in an amount equal to 100% of the price specified in the contract; and Labor and Material Payment Bond: A bond satisfactory to the City, executed by a surety company authorized to do business in the state or otherwise secured in a manner satisfactory to the City for the protection of all persons supplying labor and material to the contractor or its subcontractors for the performance of the work provided for in the contract. The bond shall be in an amount equal to 100% of the price specified in the contract. The Undersigned understands that the Owner reserves the right to reject any or all proposals or to waive any formality or technicality in any proposal in the interest of the Owner in accordance with section "Award Process". A bid bond provided by a surety company authorized to do business in the state, or the equivalent in cash, or otherwise supplied in a form satisfactory to the City for a sum of not less than five percent (5%) of the amount of the minimum base bid will be required with each proposal submitted where the cost estimated by the bidder exceeds $35,000. The City reserves the right to require bid security for bids under $35,000 when the circumstances warrant.