Renovation of a mixed-use development in Oak Lawn, Illinois. Completed plans call for the renovation of a educational facility.

Proposals must be submitted on the forms provided. All proposals or bids offered must be accompanied by a bid bond in a form acceptable to the School Board, cashiers check, or certified check made payable to School District 123 in the amount of not less than five percent (5%) of the total amount of the proposal as a guarantee that if the proposal is accepted, a contract shall be entered into and the performance of the contract is properly secured. No bid shall be withdrawn after the opening of the proposals without the consent of School District 123 for a period of sixty (60) days after the scheduled time of closing bids.All employees of the Contractor or Subcontractor(s) on construction work for this Project shall be paid wages at rates not less than those prevailing on similar construction in the locality as determined by the Department of Labor in accordance with the applicable provisions of the "Wages of Employees on Public Works Act" (Prevailing Wage Act, Illinois Rev. Stat., 820 ILCS 130/1 et. seq.) and with all applicable provisions of the iIllinois' Preference Acti, 30 ILCS 570/.01 et. seq. The successful Bidder of the construction of the improvement will be required to file a performance and payment bond equal to one hundred percent (100%) of the contract, with sureties to be approved by the Architect, which performance bonds shall be conditioned upon proper and faithful performance by the Contractor of the work specified in accordance with the plans and specifications therefore, according to the time and terms and conditions of the contract: and also that the successful Bidder, now the Contractor, shall properly pay all debts incurred by the Contractor in the execution of the work, including those for labor and material furnished for himself and all of his subcontractors. The bonding company shall have a minimum rating of iA- IXi in accordance with Bestis Key Rating Guide n Latest Edition. The Contractor shall be required to furnish sufficient insurance to indemnify School District 123 against any and all claims which might arise for damages to persons or property due to the negligence of the Contractor or Subcontractors, or their officers, agents, employees or servants, during the construction of said improvement and until the said improvement has been finally accepted as complete by the School District 123. The Owner reserves the right to reject any and all proposals or bids. COPE OF WORK A. This project titled "Generator Replacementi consist of the following major elements: 1. Selective electrical demolition; 2. Backup electrical generator replacement; 3. All other work indicated on the drawings and in the project manual for this project. B. All work on this project will be awarded to one prime contractor per bid packaged per building or to one prime contractor per bid package under a combined bid for both buildings as determined solely by the Owner based upon cost and time considerations. C. Any required asbestos abatement work in existing school building will be performed by a separate abatement contractor under the direction of the Owner's consultant. C. Final completion shall be achieved not later than 15 working days beyond substantial completion. Final completion, as it pertains to this contract, is completion of all work and all items indicated on punch lists prepared by the Architect and Engineer. Also, all guarantees, warranties, and final waivers of lien must be submitted to Architect before final payment can be recommended. D. Definition of Liquidated Damages: In accordance with Article 8.2.6 of the Supplementary Conditions, The Contractor acknowledges and agrees that if he fails to substantially complete the Work or finally complete the Work within the time specified herein, the Owner will sustain extensive damages and serious loss as a result of such failure (iConsequential Damagesi). The Owner and the Contractor agree that the exact amount of the Consequential Damages will be extremely difficult to ascertain. Accordingly, the Owner and the Contractor agree that the Owner shall be entitled to retain or recover from the Contractor, as liquidated damages and not as a penalty, an amount equal to Five Hundred and No/100 Dollars ($500.00) each day after the specified date of scheduled Substantial Completion until certified Substantial Completion is obtained, plus an amount equal to Five Hundred and No/100 Dollars ($500.00) each day after the specified date of scheduled Final Completion until certified Final Completion is obtained. The Contractor agrees that the aforementioned per diem liquidated damages amount is a reasonable advance estimate which will cover the losses to be incurred by the Owner by reason of the Contractors failure to achieve milestone dates agreed to in the final contract. The aforementioned damages are agreed upon liquidated damages and shall not be construed by any party to be a penalty. The parties further agree that these liquidated damages represent the minimum damages the Owner will sustain for each calendar day of delay in achieving completion of all work associated with the milestone dates.