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Renovation of a residential development in Newport, Kentucky. Completed plans call for the renovation of a residential development.

Newport Millennium Housing Corporation III will be accepting sealed bids for the installation of Five (5) foundations for single family homeownership buildings located at 319 W8th.St., 320 W8th.St., 324 W8th. St., 417 W9th.St. and 708 Columbia St. in the City of Newport, Kentucky. A certified check or bank draft, payable to NMHC III, U.S. Government Bonds, or a satisfactory bid bond executed by the Bidder and acceptable sureties in amount equal to five (5) percent of the bid shall be submitted with each bid. The successful Bidder will be required to furnish and pay for satisfactory performance and payment bonds. All Bidders shall include with their bid a statement from an acceptable surety that if their bid is accepted the surety will furnish to the Bidder the required performance and payment bond or bonds required by the contract documents. Attention of Bidders is particularly called to the requirements as to conditions of employment to be observed and minimum wage rates to be paid under the contract, Section 3, Segregated Facility, Section 109 and E.O. 11246 and Title VI. MBE/WBE firms are encouraged to bid. No bidder may withdraw their bid within 60 days after the actual date of opening thereof. All bids must meet the Build America, Buy America Act (BABA) requirements. NMHC III reserves the right to waive any informality, irregularity, or defect in any proposal, and to reject any/or all proposals should it be deemed in the best interest of NMHC III to do so. It is the intent of NMHC III to award a contract to the lowest responsible and responsive bidder. NMHC III is an Equal Opportunity Employer. *The value for this project is based on a financial range. The value is listed as the highest possible cost from the range provided by a stakeholder or official project document. The value range for this project is between $200-$250,000.

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Residential Subdivision

$250,000.00

Public - City

Renovation

62

12

2

4

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October 22, 2024

November 21, 2024

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Multiple Locations, Newport, KY

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