Renovation of an educational facility in Leo, Indiana. Completed plans call for the renovation of a educational facility.

Each bid shall include with such bid, a certified check or bid bond made payable to Weigand Construction Co., Inc. for an amount not less than five percent (5%) of the maximum bid. Should a successful bidder withdraw its bid or fail to execute a satisfactory sub-contract with the CMc, Weigand Construction may then declare the bid deposit or bid bond to be forfeited as liquidated damages. Each successful bidder shall enter into a sub-contract and/or purchase order with Weigand Construction. Each successful bidder may be required to furnish Performance & Payment Bonds (if Alternate Bid regarding Bonds is accepted) which cover faithful performance of the contract and the payment of all obligations arising thereunder (if Alternate Bid regarding Performance Bond is accepted, it will be made out to Weigand Construction Co., Inc.). Said bonds shall remain in full force and effect for one year from the substantial completion of the work. A bidder's ability to provide said bonds is a condition precedent to bidding the Project, and any bid submitted without an alternate cost for providing said bonds may be determined as non-responsive by Weigand Construction, in its sole and complete discretion, and rejected by Weigand Construction. The contract will be awarded to the lowest responsive and responsible bidder complying with the conditions for bidding, provided the bid is reasonable and it is to the best interest of Weigand Construction and the Owner.