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

FOR: Marsalis Building Elevator Addition The Willow School 5625 Loyola Avenue New Orleans, LA 70115 All Bids must be accompanied by bid security equal to five percent (5%) of the sum of the Base Bid and all Alternates, and must be in the form of a certified check, cashier's check or the Orleans Parish School Board Bid Bond Form written by a surety company licensed to do business in Louisiana, signed by the surety's agency or attorney-in-fact. Best's Key Rating Guide. The Bid Bond shall be in favor of the Orleans Parish School Board, and shall be accompanied by appropriate power of attorney. No Bid Bond indicating an obligation of less than five percent (5%) by any method is acceptable. The successful Bidder shall be required to furnish a Performance Bond and a Payment Bond written by a company licensed to do business in Louisiana, in an amount equal to 100% of the Contract amount. Surety must be listed currently on the U. S. Department of Treasury Financial Management Service List (Treasury List) as approved for an amount equal to or greater than the contract amount, or must be an insurance company domiciled in Louisiana. If the Surety is not listed on the Treasury List, and has less than an A- rating (as shown in the latest edition of A.M. Bests Key Rating Guide) the maximum Contract amount for which that Surety may provide a Bond is $500,000.00 (Five Hundred Thousand Dollars), or fifteen percent of the Suretys policyholders' surplus (as shown by Surety's most recent financial statements filed with the Louisiana Department of Insurance), whichever is less. If the Surety is not listed on the Treasury List, and has at least an A- rating or better (as shown in the latest edition of A.M. Bids shall be accepted from Contractors who are licensed under LA. R.S. 37:2150-2163 for the classification of Building Construction. Bidder is required to comply with provisions and requirements of LA R.S.38:2212 (A)(1)(a). No bid may be withdrawn for a period of thirty (30) days after receipt of bids, except under the provisions of LA. R.S. 38:2214. The Owner reserves the right to reject any and all bids for just cause. In accordance with La. R.S. 38:2212 (B)(1), the provisions and requirements of this Section, those stated in the advertisement bids, and those required on the bid form shall not be considered as informalities and shall not be waived by any public entity.