Renovation of a residential development in Lincoln, Nebraska. Working plans call for the renovation of a residential development.

Remove and replace 12 existing air conditioners at scattered sites in, Lincoln, Nebraska. All bids shall remain in effect and may not be modified, withdrawn or canceled for a period of 30 calendar days after the scheduled closing time for the receipt of bids. The Owner reserves the right to reject any or all bids and to waive any informalities or irregularity in any bid received. Minimum wage provisions of the Davis-Bacon act will be enforced on this project. Construction time may be a consideration in the award of the Bid. Quality and craftsmanship are important to the Owner and may be a consideration in the award of the Bid. Contractor shall bid only the highest quality installation of the materials specified. Submittals for approval of proposed substitutions must be received by the Architect not later than 7 full calendar days prior to the bid date. 29. Execution of the Agreement: Subsequent to the award and within seven days after the prescribed forms are mailed to the Contractor by the Architect, the successful bidder shall execute and deliver to the Architect the contract in the form furnished in such number of counterparts as the Owner may require. The failure of the successful bidder to supply to the Architect the required post-bid submittals as described in Paragraph 20. above, complete and correct; provide Bonds as described in Paragraph 10. above; and to execute the Contract, all within Seven (7) calendar days after the Architect has mailed the Contract to the Contractor for signature, or within such extended period as the Owner may grant based upon reasons determined adequate by the Owner, shall constitute a default. Upon such default, the Owner may either award the contract to the next responsible bidder or readvertise for bids, and may charge against the bidder the difference between the amount of the bid and the amount for which a contract for the work is subsequently executed, irrespective of whether the amount thus due exceeds the amount of the bid guaranty. Bid Guarantee (applicable to construction and equipment contracts exceeding $25,000) All bids must be accompanied by a negotiable bid guarantee which shall not be less than five percent (5%) of the amount of the bid. The bid guarantee may be a certified check, bank draft, U.S. Government Bonds at par value, or a bid bond secured by a surety company acceptable to the U.S. Government and authorized to do business in the state where the work is to be performed. In the case where the work under the contract will be performed on an Indian reservation area, the bid guarantee may also be an irrevocable Letter of Credit (see provision 10, Assurance of Completion, below). Certified checks and bank drafts must be made payable to the order of the PHA/IHA. The bid guarantee shall insure the execution of the contract and the furnishing of a method of assurance of completion by the successful bidder as required by the solicitation. Failure to submit a bid guarantee with the bid shall result in the rejection of the bid. Bid guarantees submitted by unsuccessful bidders will be returned as soon as practicable after bid opening. 30. Time of Commencement of the Work and Completion: The Work shall not start prior to Notice to Proceed issued to the Contractor by the Owner. The Work shall be scheduled per Paragraph 11(b) of the Supplementary Conditions and Special Conditions. The Contractor shall complete all Work under the Contract within the time stated on his Bid Form. The Owner may choose to terminate the Contract if the work is not diligently pursued or is not completed within the agreed contract time. The Owner may also choose not to award future contracts to a successful bidder who fails to complete the project within the contract time. *The list of planholders and/or interested bidders is not being tracked by the stakeholders involved with this project. If you are an interested contractor and wish to be listed as a bidder, please notify our editorial staff at addtobidlist@constructconnect.com.