This work involves the rehabilitation of the existing 300,000-gallon South Water Tower located southeast of the intersection of E. South Street and S. Poplar Street in the Town of LaGrange. Rehabilitation work includes, but is not limited to, exterior coating replacement and miscellaneous metal repairs.
The Project site will be made available to prospective bidders by request. Each bid shall be accompanied by a Certified Check or acceptable Bidder's Bond made payable to the Owner, in a sum of not less than five percent (5%) of the total amount of the highest aggregate proposal, which check or bond will be held by the Owner as evidence that the Bidder will, if awarded a contract or contracts, enter into the same with the Owner upon notification from him to do so within fourteen (14) days of said notification. Approved Performance and Payment Bonds guaranteeing faithful and proper performance of the work and materials, to be executed by an acceptable surety company, will be required of each Contractor at the time of contract execution. The bond will be in the amount of one hundred percent (100%) of the contract price and must be in full force and effect throughout the entire construction period. In addition, a Maintenance Bond in an amount of 10% for a period of three years from the date of final completion will be required. Failure to execute a contract and to furnish a Performance and Payment Bond as hereinafter set out will be cause for forfeiture to the Owner of the amount of money represented by the Certified Check or Bidder's Bond, as and for liquidated damages.
Contractors and Sub-Contractors are required to pay not less than the Federal Wage Scale published by the U.S. Department of Labor. Project will be funded by a loan through Indiana Finance Authority and administered by the Indiana State Revolving Fund (SRF). Bidders and selected contractor must meet requirements for a SRF funded project.
The work to be performed and the bids submitted, including any and all separate and combination bids, shall include sufficient and proper sums for all General, Construction, Mechanical, Electrical, Installation, Labor, Materials, Tools, Equipment, Taxes (both Federal and State), Permits, Licenses, Insurance, Service Costs, and so forth, incident to and required for the construction of the facilities.
Each Bidder is responsible for inspecting the Project Site and for reading and being thoroughly familiar with
the Contract Documents and Specifications. The failure or omissions of any Bidder to do any of the foregoing shall in no way relieve the Bidder from any obligation with to its Bid. The Owner reserves the right to reject any bid, or all bids, or to accept any bid or bids, or to make combination of bids as may seem desirable, and to waive any and all informalities in the bidding.
***Bid Event: Bids shall be submitted in an enclosed opaque sealed envelope, marked "SOUTH WATER TOWER REHABILITATION". Bids will be evaluated, and it is the intent that an award of contract be made within 60 days of the bid opening.
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