Renovation of a mixed-use development in Moline, Illinois. Completed plans call for the renovation of a educational facility.

Bid security in the form of a bid bond, certified check, or cash in an amount equal to 10 percent of the base bid amount shall be submitted with the bid. Should a bid bond be submitted, the bid bond shall be payable to the Board of Education, Moline-Coal Valley School District No. 40. The Board of Education reserves the right to reject any or all bids or parts thereof, or waive any irregularities or informalities, and to make the award in the best interest of the District. All bidders must comply with applicable Illinois law requiring the payment of prevailing wages by all contractors working on public works. Bidder must comply with the Illinois statutory requirements regarding labor, including Equal Employment Opportunity laws. Any bidder shall withdraw their bid prior to the scheduled closing time for receiving bids. All bidders shall hold their Bids open for a period of sixty calendar days from the date of Bid Opening. The Owner and Bidders may agree to extend the period of irrevocability beyond the sixty-day period. PERFORMANCE ASSURANCE A. Accepted Bidder: Provide a Performance and Labor and Material/Payment bond, per the terms of the General Conditions, as modified. 1. Provide a 100 percent Performance Bond on AIA A312. 2. Provide a 100 percent Payment Bond on AIA 312. 3. Deliver bonds within 3 days after execution of the Contract. B. Include the cost of performance assurance bonds in the Bid Amount and identify the cost when requested. POWER OF ATTORNEY A. Attorneys-in-Fact who sign bonds, Agreements or bids must file with each such document a certified and effectively-dated copy of their Power of Attorney. TIME OF COMPLETION A. If awarded the Contract, the bidder agrees to complete all Construction Work and achieve Substantial Completion and Final Completion of the following dates: 1. Start of construction Monday, June 17, 2024. 2. Substantial Completion: Monday, July 29, 2024. 3. Final Completion for the entire project is Friday, August 9, 2024.