Renovation of a transportation facility in Denison, Texas. Completed plans call for the renovation of a transportation facility.

Heating system for hanger located at the North Texas Regional Airport. Questions regarding this Proposal shall not be directed to any other Grayson County staff, department head, director, or elected official or submission may be disqualified. Questions regarding this packet, please send an email to stewarta@co.grayson.tx.us. A bid guarantee equivalent to five percent (5%) of the bid price will be required from each bidding Vendor. The "bid guarantee" shall consist of a firm commitment, such as a bid bond, certified check or other negotiable instrument accompanying a bid as assurance that the bidding Vendor will upon acceptance of his/her bid, execute such contractual documents as may be required within the time specified and in accordance with Government Code 2253. Payment Bond - A financial or contractual instrument issued by a surety that guarantees that subcontractors will be paid for labor and materials expended on the contract. Acceptable forms of payment bonds may include a cashier's check, certified check, or irrevocable letter of credit issued by a financial institution; a surety or blanket bond; United States Treasury bond; or certificate of deposit. Also known as Labor and Materials Bond. A payment bond on the part of the contractor for one-hundred percent (100%) of the contract price will be required. A "payment bond" is one executed in connection with a contract to assure payment, as required by law, of all persons supplying labor and material in execution of the work provided for in the contract documents. Payment bond is required if the value of the contract is in excess of $25,000.00 in accordance with Government Code 2253 Performance Bond - 1. An instrument executed, subsequent to award, by a successful Bidding Vendor that protects the public entity from loss in the case of the Bidding Vendor's inability to complete the contract as agreed. 2. A risk mechanism that secures the fulfillment of all contract requirements. May be referred to as a completion bond. A performance bond on the part of the contractor for one-hundred percent (100%) of the contract price will be required. A "performance bond" is one executed in connection with a contract to secure fulfillment of all the contractor's obligations under such contract and if the value of the contract is in excess of $100,000.00 according to Government Code 2253.