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Renovation of a multi-residential development in New London, Connecticut. Completed plans call for the renovation of a multi-residential development.

A satisfactory Bid Guarantee (Over $25K ONLY) in an amount equal to a minimum of five percent (5%) of the Base Bid shall be submitted with cach bid. If the Bid Guarantee is in the form of a Bid Bond, the Bid Bond shall be made payable to the New London Housing Authority and shall be properly executed by the Bidder and Acceptable Sureties. Individual sureties shall not be considered. U.S. Treasury Circular No. 570, published annually in the Federal Register, lists companies approved to act as surety on bonds securing Government contracts, the maximum underwriting limits on each contract bonded and the States in which each company is licensed to do business. Use of this Circular is mandatory. The successful Bidder will be required to furnish and pay for a Performance and Payment Bond (Over $100K ONLY), in the amount of 100% of the Contract Amount, or a 20% cash escrow or a 25% irrevocable letter of credit, in the form included in the Project Specifications. Question Deadline 03/11/2024 The last day for questions is 8 days prior to bid opening. The NLHA reserves the right to reject any or all bids or to waive any informality in the bidding. All bid forms must be fully completed when submitted. No bid shall be withdrawn for a period of sixty (60) days subsequent to the openings of bids without the consent of the NLHA.

Award

Multi-Residential

$778,400.00

Public - City

Renovation

19

20

6

5

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March 19, 2024

April 18, 2024

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127 Hempstead St, New London, CT


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