Opportunity Home San Antonio and its affiliated entities (Opportunity Home) is seeking independent Contractors to submit bids for labor, materials and equipment to maintain, repair, and install a new boiler for Villa Hermosa Apartments located at 327 N Flores St, San Antonio,TX 78205. Opportunity Home requires a Bid Guarantee for this bid in the amount of 5% of the Base Bid, which shall be submitted with the Bid Fee Sheet. Proposals without a Bid Guarantee will be rejected. Non surety Bid Guarantees must be in guaranteed funds such as Cashier's Check, Certified Check, Bank Draft, irrevocable letter of credit, or similar cash instrument. 3.18.2 Performance Bond: The Contractor must provide Opportunity Home a 100% Performance Bond for total contract value, however, if the Contractor is unable to acquire the equitable bonding that is acceptable to Opportunity Home within ten (10) days of the signed contract, then the Contractor will be deemed in breach of contract. 3.18.3 Payment Bond: The Contractor must provide Opportunity Home with a 100% Payment Bond for each Project Contract executed by Opportunity Home, however, if the Contractor is unable to acquire the equitable bonding that is acceptable to Opportunity Home within ten (10) days of the signed contract, then the Contractor will be deemed in breach of contract. The Contractor shall immediately mobilize and commence work at the time stipulated by the Property Management and the Contractor shall be fully complete the work within 60 days unless otherwise agreed to by the Property Management. Opportunity Home reserves the right to reject any or all bids, waive any informality in the IFB process, or to terminate the IFB process at any time if deemed by Opportunity Home to be in its best interests Question Deadline 06/18/2024 at 5:00 PM CT All question submission through electronically
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