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Site work and paving for a mixed-use development in Okoboji, Iowa. Completed plans call for site work for a road / highway; for paving for a road / highway; sidewalk / parking lot; and sidewalk / parking lot.

Work to Be Done: Work generally consists of approximately 1600 linear feet of HMA Overlay and 900 linear feet of HMA Reconstruction and Grading, Excavation, Subgrade Preparation and Modified Subbase - Clearing and Grubbing Trees - Painted Pavement Markings - 6” Shared Use Path Concrete Pavement - Pavement Removals - Painted Pavement Markings - Temporary Traffic Control - Erosion Control Items A certified check or a bid bond of a reputable bonding company authorized to do business in the State of Iowa in an amount not less than ten percent (10%) of the total amount of the bid shall be included in a separate sealed envelope, plainly marked “bid bond”. The bid guarantee shall be forfeited as liquidated damages if the successful bidder fails proper execution. The checks or bid bonds of the lowest two or more bidders may be held for the earlier of 7 days after the effective date of the agreement or 61 days after the bid opening, whereupon Bid Security furnished by such bidders will be returned. Other checks or bid bonds will be returned after the tabulation of bids is completed. Performance and Payment Bonds: The successful bidder must execute performance and payment bonds, each in an amount equal to one hundred (100%) percent of the contract amount to ensure a timely, efficient, and complete performance. The bonds shall be issued from a reputable bonding company authorized to do business in the State of Iowa. Liquidated Damages: Liquidated damages will be assessed the contractor in the amount of five hundred dollars ($500.00) per working day that the work remains uncompleted after the end of the contract period with due allowances for extensions due to conditions beyond the control of the contractor. Time Frame: The work shall be completed as follows: No work will be permitted prior to September 3, 2024 Work shall be substantially completed within 25 working days once commenced. All work shall be completed, regardless of working days, by October 18, 2024 Acceptance or Rejection of Bids: The right to accept or reject any or all bids and to waive informalities is reserved.

Bid Results

Roads / Highways

$558,701.00

Public - City

Paving, Site Work

58

10

2

5

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May 9, 2024

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Multiple Locations, Okoboji, IA


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