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

The successful bidder will be required to furnish the following bonds written by a company with a current A. M. Best Rating of ÔA-Õ (Excellent), Financial Size Category with a Outlook and licensed in the State of Louisiana: Performance Bond in an amount equal to one-hundred percent (100%) of the contract amount; Payment Bond in an amount equal to one-hundred percent (100%) of the contract amount; and Maintenance Bond in an amount equal to ten percent (10%) of the contract amount. The Contract Time shall be Two Hundred Ten (210) calendar days. Liquidated Damages shall be Seven Hundred Fifty Dollars ($750.00) for each consecutive calendar day that the Work is not completed beyond the Contract Time after the date of commencement of the Work fixed in the Notice to Proceed, subject to such adjustments of the Contract Time as may be made according to the terms of the Contract Documents. Administrative Building Renovation The Owner reserves the right to reject any and all bids with just cause.

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Educational

$937,898.00

Public - County

Renovation

27

20

21

3

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January 23, 2024

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310 Royal St, Natchitoches, LA

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