Site work for a water / sewer project in Vero Beach, Florida. Completed plans call for site work for a water / sewer project.

Stormwater Main Phase 4. All Bid proposals must be sealed in an envelope marked on the outside with Bidder's name, address, Bid number, description, and date. Bid and be properly executed by the Bidder and by a qualified Surety, or a certified or cashier's check on any State or National Bank, or an irrevocable letter of credit, in the sum of not less than five percent (5%) of the total amount Bid, made payable to the City of Vero Beach. A Payment and Performance Bond for 100% of the Contract amount on the form provided by the City shall be used for contracts more than $25,000. If the Contract is awarded in a sum less than $25,000, the Performance and Payment Bond requirement may be waived if permitted by law, in which case the cost of the Bond shall be deducted from the Contract price and only a single, final payment will be made. Liquidated Damages the Parties, Recognizing That Time is of the Essence and That It Would Be Impossible to Determine the City's Damages in the Event That the Contractor Fails to Complete the Contract by the Completion Date, Hereby Agree That the Contractor Shall Pay, as Liquidated Damages, the Sum of Two Hundred and No/l00 ($200.00) Dollars for Each Calendar Day Beyond the Completion Date That Contractor Fails to Complete the Work. The Parties Further Agree That the City May Withhold Such Liquidated Damages from Any Payment Due the Contractor. While the City has tried to anticipate all Work required under and during the term of this Contract, the parties understand and agree that the Work required herein may require, without notice to the sureties, the performance of Extra Work or the omission of Work previously required. The City may, at any time and without notice to the sureties, require changes in the scope of Work under this Contract, as the City may find necessary or desirable. Such changes may include the omission of Work previously required. The City reserves the right to delay awarding of the Contract for a period of sixty (60) days after Bid Opening, to waive informalities in any Bid, or reject any or all Bids in whole or in part with or without cause and/or to accept the Bid that, in its judgment, will serve the best interest of the City of Vero Beach, Florida.