As of April 10, 2024, project is cancelled. Project is no longer needed. If required in Table 1, each proposal shall be accompanied by a Proposal Bond issued by a surety company authorized by license to write insurance contracts in New York State and rated "A" or better by A. M. Best Company, Inc. in Best's Key Rating Guide, and otherwise acceptable to the BPU, or by a certified check on solvent bank in an amount of at least ten percent (10%) of the amount bid, as an evidence of good faith that the Bidder will, within ten (10) days after the date of notification that its Proposal has been accepted, enter into a contract with the Board of Public Utilities of the City of Jamestown (BPU), New York, to execute its proposal. If a certified check is furnished, it shall be drawn to the order of the Treasurer of the City of Jamestown, New York. If a Proposal Bond is furnished, it shall be on the blank form attached hereto. If required in Table 1, each Bidder shall furnish with the Proposal, a "Statement of Surety" to the effect that, should the bid be accepted, the Surety is willing to provide a Performance Bond in the sum of one hundred percent (100%) of the contract price, conditioned upon the faithful and satisfactory performance of all obligations and requirements of the contract and guaranty of materials and workmanship for 12 months following final acceptance of the work by the BPU. The BPU reserves the right to reject any bid or all bids, the right to waive any informalities, the right to permit exceptions deemed not to be of substance, and the right to accept any bid which the BPU deems to represent the prudent and economical expenditure of the public moneys for the benefit of the BPU's ratepayers by securing the maximum quality at the lowest possible cost. questions submitted will be answered in writing along with any documentation being sent to all prospective bidders and who have previously obtained the bid documents. Address all correspondence to: BPU TECHNICAL / ADMINISTRATIVE LEAD Jarrett Devereaux Jamestown Board of Public Utilities P.O. Box 700 Jamestown, NY 14702-0700 PH (716)661-1681 E-Mail: jdevereaux@jamestownbpu.com
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