Renovation of a multi-residential development in Placentia, Newfoundland. Completed plans call for the renovation of a multi-residential development.

Closing Time: 12:00 PM (NT) Question Deadline 08/26/2024 at 3:30 PM NT Work on this project includes, but is not limited to, interior & exterior renovations of 6 & 14 Power Street, Placentia. Work for this project is as specified herein and referred to in the specifications. The following outline is general and is not to be considered complete in every detail. All items to be supply and install unless otherwise noted. Contractor responsible for damage caused during construction or improper installations. Before submitting a quote, bidders shall carefully examine the Contract Documents and the site of the proposed work to fully inform themselves of the existing conditions and limitations. No claim will be entertained or allowed for any labour, materials, or other extras that may be required for the proper execution and completion of the contract, which could have been determined by site examination. The ten percent tender bid security (10%), if submitted in the form of a Certified Cheque by the successful bidder will be retained as a performance security for the duration of a contract. No other performance security will be required. Upon satisfactory completion of the Work the performance security, with interest, will be returned to the Contractor. Owner's rights respecting the performance security shall be in addition to, and not in substitution for or limitation of, any other right Owner may have for default of the Contractor. A Performance Bond will also be accepted in the amount of fifty percent (50%) of the contract price. The Performance Security is to be received not later than two (2) weeks after the award of the contract by the letter of intent and prior to the formal execution of the agreement. No work is to be undertaken until the Performance Security has been received. Official bid documents must be obtained from www.merx.com and bid submissions must be done through the Merx platform.