Renovation of a transportation facility in Akron, Ohio. Completed plans call for the renovation of a transportation facility.

METRO Regional Transit Authority is seeking bidders to procure and install two (2) CNG compressors and related equipment. Question Submission Deadline:February 26, 2024, 4:00pm Any questions should be submitted through the Question & Answer section of the project (IFB #2024-03) on METRO's OpenGov Portal. In connection with the carrying out of this project, the Contractor shall not discriminate against any employee or applicant for employment because of race, religion, color, sex, age, national origin, or handicap. All Offerors are certifying that they are not debarred or suspended by the Federal Government by signing the bid page. METRO reserves the right to reject any and/or all bids, to re-advertise for bids and to waive any informality in any bid and to determine the most responsive bid by its own criteria, as described within the specification. A bid guarantee from each bidder equivalent to five (5) percent of the bid price. The "bid guarantees" shall consist of a firm commitment such as a bid bond, certified check, or other negotiable instrument accompanying a bid as assurance that the bidder will, upon acceptance of his bid, execute such contractual documents as may be required within the time specified. A performance bond on the part to the Contractor for 100 percent of the contract price. A "performance bond" is one executed in connection with a contract to secure fulfillment of all the contractor's obligations under such contract. A payment bond on the part of the contractor for 100 percent of the contract price. A "payment bond" is one executed in connection with a contract to assure payment, as required by law, of all persons supplying labor and material in the execution of the work provided for in the contract. Payment bond amounts required from Contractors are as follows: 50% of the contract price if the contract price is not more than $1 million; 40% of the contract price if the contract price is more than $1 million but not more than $5 million; or $2.5 million if the contract price is more than $5 million. A cash deposit, certified check or other negotiable instrument may be accepted by a grantee in lieu of performance and payment bonds, provided the grantee has established a procedure to assure that the interest of FTA is adequately protected. An irrevocable letter of credit would also satisfy the requirement for a bond.