Demolition, site work and asbestos abatement for a residential development in Newton, Iowa. Completed plans call for the demolition of a residential development; for site work for a residential development; and for asbestos abatement for a residential development.

The work comprising the above referenced project shall be constructed in accordance with the 2024 edition of the SUDAS Standard Specifications and as further modified by the 2024 City of Newton Supplemental Specifications to said SUDAS Standard Specifications, and project plans and special conditions in the contract documents. The terms used in the contract revision of the documents are defined in said Standard Specifications. Before submitting your bid, review the requirements of Division 1, General Provisions and Covenants, in particular the sections regarding proposal requirements, bonding, contract execution and insurance requirements. Be certain that all documents have been completed properly, as failure to complete and sign all documents and to comply with the requirements listed below can cause your bid not to be read. Project consists of asbestos abatement, lead paint abatement, demolition work and seeding, fertilizing and Mulching at 1015 N 3rd Ave E; all in Newton, lowa. The work shall commence upon issuance of the Notice to Proceed, and shall be completed on or before April 1, 2025. Each bidder shall accompany its bid with bid security as defined in lowa Code Section 26.8, as security that the successful bidder will enter into a contract for the work bid upon and will furnish after the award of contract a corporate surety bond, in a form acceptable to the Jurisdiction, for the faithful performance of the contract, in an amount equal to 100% of the amount of the contract. Said corporate surety bond shall guarantee the prompt payment of all material and labor, and protect and save harmless the City of Newton from claims and damages of any kind caused by the operations of the contract. Said bid security shall be in the amount fixed in the Instruction to Bidders and shall be in the form of a cashier's check or a certified check drawn on an FDIC insured bank in lowa or on an FDIC insured bank chartered under the laws of the United States; or a certified share draft drawn on a credit union in lowa or chartered under the laws of the United States; or a bid bond on the form provided in the contract documents with corporate surety satisfactory to the Jurisdiction. The bid shall contain no condition except as provided in the specifications. Contractor shall fully complete the project on or before April 1st, 2025. Should the contractor fail to complete the work in this timeframe, liquidated damages of $50.00 per calendar day will be assessed for work not completed within the designated contract term. The City of Newton does hereby reserve the right to reject any or all bids, to waive informalities, and to enter into such contract, or contracts, as it shall deem to be in the best interest of the jurisdiction. The City of Newton reserves the right to defer acceptance of any bid for a period of sixty (60) calendar days after receipt of bids and no bid may be withdrawn during this period.