for the furnishing to City of all labor, equipment, materials, tools, services, transportation, permits, utilities, and all other items necessary for FIRE STATION 1 PRV (the "Project Each Bid shall be accompanied by cash, a certified or cashier's check, or Bid Bond secured from a surety company satisfactory to the City Council, the amount of which shall not be less than ten percent (10%) of the submitted Total Bid Price, made payable to City of Milpitas as bid security. The bid security shall be provided as a guarantee that within five (5) working days after the City provides the successful bidder the Notice of Award, the successful Bidder will enter into a contract and provide the necessary bonds and certificates of insurance. The bid security will be declared forfeited if the successful Bidder fails to comply within said time. No interest will be paid on funds deposited with City. The successful Bidder will be required to furnish a Faithful Performance Bond and a Labor and Material Payment Bond each in an amount equal to one hundred percent (100%) of the Contract The Engineer's Estimate for the work is between $1,750,000 and $2,000,000. City reserves the right to reject any or all bids or to waive any irregularities or informalities in any bids or in the bidding process. Question Deadline 04/23/2024 at 5:00 PM PT For questions regarding this project, contact Adrianne Smith, Assistant Engineer via email at adsmith@milpitas.gov Addenda with answers to questions received by the specified time will be posted by April 26th , 2024 *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.
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