Site work for a water / sewer project in Colonie, New York. Completed plans call for site work for a water / sewer project.

Reference Number 0000357642 General Requirements - Prevailing Wage Required Bonding Requirements - Bid Bond 5 % - Performance Bond 100 % - Labor and Materials Bond 100 % - Payment Bond 100 % Question Deadline 08/14/2024 at 3:30 PM ET Questions are submitted online No Each submitted proposal must be accompanied by (a) a certified check in the sum of 5% of the amount of the bid, drawn upon a national or state bank or trust company, to the order of the Town of Colonie, New York, or (b) a bond with sufficient sureties in a penal sum equal to 5% of the bid, conditioned that if its bid is accepted, successful bidder will enter a contract for the same and that he will execute such further security as may be required for the performance of the contract. A separate performance, materials and labor bond, or its equivalent, equal to 100% of the contract amount will be required of the successful bidder; the bond shall be satisfactory to the Town of Colonie. A separate payment bond, or its equivalent, equal to 100% of the contract amount will be required of the successful bidder; the bond shall be satisfactory to the Town The bidder to whom the contract may be awarded shall within seven days after the date of notification of the acceptance of its proposal, provide insurance and security as required by the contract in a form acceptable by the Town. In case of its failure to do so, or in case of its failure to give further security as herein prescribed, the bidder will be considered as having abandoned the same, and the certified check or other bid security accompanying its proposal shall be forfeited to the Town. The Town reserves the right to waive any informality in or to reject any or all bids submitted