All interested bidder must obtain the official documents from City of Warren. The Contract's Work Includes Furnishing All Materials, Equipment, Tools, Labor and Services Necessary for Completion of the Project. All Work Shall Be Done as Shown on Drawings Called for in the Description of the Work and in a Manner Directed by the Specifications of the City of Warren, Trumbull County, Ohio. The Board of Control Reserves the Right to Reject Any or All Bids and to Waive Any Informalities in Bidding.
Each Bidder Shall Be Required to File With His Bid a Bid Guaranty for Each Bid Submitted in One of the Following Forms:
(1) a Bond, for the Full Amount of His Bid; or
(2) a Certified Check Equal to Ten Percent (10%) of His Bid; or
(3) a Cashier's Check Equal to Ten Percent (10%) of His Bid; or
(4) a Letter of Credit, Pursuant to Chapter 1305 of the Ohio Revised Code, Equal to Ten Percent (10%) of His Bid.
Any Bid Guaranty Shall Be Subject to the Applicable Provisions of Chapter 153 of the Ohio Revised Code to the Same Extent as if Said Provisions of Chapter 153 Were Fully Incorporated Within Said Bid Guaranty.
If the Bid is Accepted, the Successful Bidder Shall Enter Into a Contract and Furnish a Contract Performance Bond as Provided for Below:
(a) a Contract Performance Bond in the Name of the City of Warren in an Amount Equal to 100% of the Estimated Cost of the Work, Conditioned Among Other Things, That the Contractor Will Perform the Work Upon the Terms Proposed, Within the Time Prescribed, in Accordance With the Plans and Specifications.
(B) a Payment Bond in an Amount Equal to 100% of the Estimated Cost of the Work Condition for the Payment by the Contractor and All Subcontractors for Labor Performed and Materials Furnished in Connection With the Project Involved.
Bids of Corporations Not Chartered in Ohio Must Be Accompanied by Proper Certification That Such Corporation is Authorized to Do Business in Ohio.
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