Renovation of a mixed-use development in Parkersburg, West Virginia. Completed plans call for the renovation of a educational facility.

Bids may not be withdrawn for a period of thirty (30) days following the date for receipt of bids without forfeiture of bid security as liquidated damages, not as a penalty. The contract will terminate on June 30th, 2023. Bids exceeding $5000 shall be accompanied by a Bid Bond payable to the Owner for five percent (5%) of the total bid, issued by a solvent surety company listed on the most current Federal Register, Circular 570 and authorized to do business in the State of West Virginia. Should the bidder refuse to enter a contract with the Owner on the terms stated in the bidding documents, the full amount of the bid security shall be forfeited to the Owner as liquidated damages, not as a penalty. B. A certified cashier's check is not acceptable as a Bid Bond. A. No Performance and Material Bond is required for projects of $24,999 or less. B. For projects equal or exceeding $25,000, the bidder to whom the contract is awarded shall pay for, execute, and deliver to the Owner within ten (10) business days after award of the contract by the Owner a 100% corporate surety Performance and Material Payment Bond on AIA Document A311 (or equivalent form), to be executed by a solvent Bonding company listed in the most current Federal Register, Circular 570, and is authorized to do business in West Virginia. The labor and material Bond shall be in the sum of 100% of the contract of the company. Be advised no purchase order shall be issued until the Performance Bond is received by the Purchasing Department. C. An irrevocable Letter of Credit is not acceptable as a Performance Bond. All questions and inquiries should be submitted in writing via email to Ashley Brown, at ashley.m.brown@k12.wv.us. Answers, citing the question asked, will be distributed by email simultaneously to all known prospective bidders. Please be advised all questions must be received prior to 10:00 a.m. on May 24th, 2024. No answers to inquiries will be addressed after the deadline. The Owner shall have the right to reject any or all bids and to reject a bid not accompanied by the required bid security or by other data required by the bidding documents or to reject a bid which is in any way incomplete or irregular.