Reference Number 0000355752 The Municipal Housing Authority of the City of Schenectady, hereinafter referred to as the Authority, will receive sealed bids for "Renovation of Fire Damaged Apartment at Steinmetz Homes 173". The intent of this Invitation for Bids is to award a contract to a responsible and responsive bidder whose bid, conforming to all the material terms and conditions of the Invitation for Bids, is the lowest price. Question Acceptance Deadline 07/05/2024 02:00 PM EDT Questions are submitted online No Participation Requirements - Airport Concessionaires Disadvantaged Business Enterprise (ACDBE) - Business Concern - Disadvantaged Business Enterprise (DBE) - Minority Business Participation - Native American Participation - Small Business Participation - Service-Disabled Veteran Owned - Women-Owned Business Participation General Requirements - Insurance Required Bonding Requirements - Bid Bond 5 % -- Bid Bond applicable on bids over $25,000.00 All bids $25,000.00 and over must be accompanied by a negotiable bid guarantee which shall not be less than five percent (5%) of the amount of the bid. The bid guarantee may be a certified check, bank draft, U.S. Government Bonds at par value, or a bid bond secured by a surety company acceptable to the U.S. Government and authorized to do business in the where the work is to be performed. Certified checks and bank drafts must be made payable to the order of the SMHA. The bid guarantee shall insure the execution of the contract and the furnishing of a method of assurance of completion by the successful bidder as required by the solicitation. Failure to submit a bid guarantee with the bid shall result in the rejection of the bid. Bid guarantees submitted by unsuccessful bidders will be returned as soon as practicable after bid opening. Payment and Performance Bond only applicable on winning bid over $100,000.00.
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