Site work for a water / sewer project in Angleton, Texas. Completed plans call for site work for a water / sewer project.

Project scope shall include clearing of approximately 95 AC; excavation of 270,000 CY of earthen material; and installation of 2,190 LF of 24"-60" RCP storm sewer. Bond Notes: Each Bid must be accompanied by a Bid bond or a certified or cashier's check, acceptable to the Owner, in an amount not less than two percent (2%) of the total amount Bid, as a guarantee that the successful bidder will enter into the Contract Documents and execute the Bonds on the forms provided and provide the required insurance certificates and Bonds within seven (7) days after the date Contract Documents are received by the successful bidder. If a certified or cashier's check is provided, the successful bidder shall deliver, at the bid opening address, the original certified or cashier's check within one (1) business day of receipt of the bid opening. The successful bidder must furnish a performance bond and a payment bond each in the sum of 100 percent (100%) of the Contract Price. The successful bidder must also provide a two-year (2) Maintenance Bond for one hundred (100) percent of the cost of the construction of the improvements that will be owned by Brazoria County Municipal Utility District No. 57 and the City of Iowa Colony. The Bonds must be in the form prescribed by the Contract Documents except as required otherwise by Laws and Regulations. The Bonds must be from a surety company holding a permit from the State of Texas to act as surety. Unless otherwise specified, the cost of proving Bonds must be included in the bidder's total Bid amount. Owner Rights: The Owner reserves the right to reject any or all Bids and to waive all defects and irregularities in bidding or bidding process except the time for submitting a Bid. The successful bidder, if any, will be the responsible bidder, which in the Board's judgment will be most advantageous to the District and result in the best and most economical completion of the Project. Liquidity Damages: All parties agree that should the Contractor not meet the above mentioned Construction Milestones, the Contractor shall be held liable for liquidated damages assessed, at $500 per day, per each individual milestone. Should the project be completed as a whole within the contract time, then contractor will be forgiven for any liquidated damages assessed against any individual milestone. Project is considered complete when the City's Representative accepts and approves all final Punch List Items and makes recommendation to the City Council that the project has been accepted.