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Renovation of a mixed-use development in Cold Spring, Minnesota. Completed plans call for the renovation of a educational facility.
PROJECT SCOPE: Ventilation Improvements Phase 1 BID SECURITY Each bid in excess of $20,000 shall be accompanied by a bid security of 5% of the maximum amount of the bid in the form of a Surety Bond, Certified Check or Cashier's Check. PERFORMANCE AND PAYMENT BONDS Each successful prime contract bidder shall furnish a Performance and Payment Bonds in the full amount of the contract if contract exceeds $20,000. Surety must be authorized to do business in State of Minnesota. WITHDRAWAL OF BIDS A bidder may withdraw the proposal at any time before the time set for opening of the bids. No bidder may withdraw a bid for a period of Forty Five (45) days after the scheduled closing time for the receiving of bids. CONSIDERATION OF BIDS The Owners reserves the right to accept or reject any or all bids, or parts of bids, and to waive informalities therein. For the purposes of determining the lowest responsible bidder(s) in the consideration of all bids submitted, the Owners reserves the right to accept or reject any or all alternates, in any order or combination, which appear on the Bid Proposal Form and as it may consider in the best interests of the Owners. *The value for this project is based on a financial range. The value is listed as the highest possible cost from the range provided by a stakeholder or official project document.
Post-Bid
Educational
$600,000.00
Public - State/Provincial
Renovation
Trades Specified
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