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Site work for a development in Northwood, Ohio. Completed plans call for site work for a development.

Project Description: the Proposed Work Consists of Enclosing Approximately 2,087 Feet of Open Ditch With 18 to 60 Storm Sewers. This is a Two-phase Project With Phase 1 Being the Base Bid and Phase 2 Being the Alternate Bid. The Bid Guarantee Instrument Shall Be in the Form of a Bid Guarantee and Contract Bond for the Full Amount of the Bid or a Certified Check, Cashiers Check, or Irrevocable Letter of Credit for an Amount Equal to Ten Percent (10%) of the Bid in Accordance With Section 153.54 of the Ohio Revised Code. The Bid Guarantee Shall Be Made Payable to the City of Northwood, Ohio, and is to Be Held as a Guarantee That in the Event the Bid is Accepted and a Contract is Awarded to the Bidder, the Contract Will Be Duly Executed and Its Performance Properly Secured. Bid Security Furnished in Bond Form Shall Be Issued by a Surety Company or Corporation Licensed in the State of Ohio to Provide Said Surety. The Successful Bidder(S) Shall Be Required to Furnish a Contract Bond in a Sum of Not Less Than One Hundred Percent (100%) of the Total Contract Amount. The Bond Shall Be That of an Approved Surety Company Authorized to Transact Business in the State of Ohio and Shall Be Underwritten by a Surety That is Listed on the Most Current Department of the Treasury Circular 570, "Surety Companies Acceptable on Federal Bonds.. Each Bidder Must Submit Evidence of Its Experiences on Projects of Similar Size and Complexity. No Bidder May Withdraw His Bid for a Period of Sixty (60) Days After the Scheduled Closing Time for the Receipt of Bids. The City of Northwood Reserves the Right to Reject Any or All Bids, to Waive Any Informalities or Irregularities in the Bids Received, and to Accept Any Bid That It Deems Most Favorable. B

Post-Bid

Conservation and Development

$300,000.00

Public - City

Site Work

10

8

9

2

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August 19, 2024

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