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Published July 26, 2024 at 8:00 PM
Updated July 27, 2024
Site work for a mixed-use development in Portland, Tennessee. Completed plans call for site work for a educational facility.
Athletic Facilities at Portland High School 5% Bidders Bond is required. Performance Bond and Payment Bond in the full amount of the bid will be required. Each bid must be accompanied by a Bidders Bond executed by the bidder and a surety company authorized to transact business in the State of Tennessee or by a cashier's check or certified check on a duly authorized bank made payable to the owner in the sum of not less than five percent (5%) of the total amount of the bid as a guarantee that, if the bid is accepted, the required contract will be executed and the required performance and payment bonds furnished. Said bond or check will be returned to the unsuccessful bidders as soon as the contract has been awarded, and the successful bidder as soon as he has executed the contract and furnished the necessary bonds and the contract has been executed by the owner. The successful bidder will be required to furnish a satisfactory Performance Bond and Payment Bond in the full amount of the bid. Such bond shall be from a surety company authorized to transact business in the State of Tennessee. Attorneys-in-Fact who sign any bonds must file with each instrument a certified and effective dated copy of their power of attorney. All bidders must be licensed contractors as required by the Contractors Licensing Act of 1976, enacted by the General Assembly of the State of Tennessee on March 21, 1976, as currently amended. The General Contractor's and Plumbing, HVAC, Electrical, Masonry, and Geothermal Subcontractor's names, license number, date of expiration of license, and license classification must be placed on the outside of the envelope containing the bid; otherwise, by State Statute, the bid cannot be opened or considered. Refer to attached Section of the Tennessee Code Annotated All Bidders must comply with the Iran Divestment Act. No bidder will be permitted to withdraw his bid within 60 days after the date of opening of bids. The owner reserves the right to waive any informalities or to reject any or all bids, to evaluate bids and to accept any bid which, in its opinion, may be for the best interest of the owner. No contract is given or implied to the successful bidder until the project is fully funded and a written contract is offered by Sumner County Schools and signed by all parties.
Award
Educational
$20,058,000.00
Public - County
Site Work
Trades Specified
Division 00 - Lorem Ipsum
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