Renovation of an educational facility in Russellville, Arkansas. Completed plans call for the renovation of a educational facility.

Each bid proposal shall include a bid security in the amount of five percent of the total bid offered, if the bid is in excess of $20,000.00. The bidder will be required to submit a bidder's deposit, which includes enclosing a cashier's check payable to the order of ATU drawn upon a bank or trust company doing business in Arkansas or by a corporate bid bond in an amount equal to five (5) percent of the bid. The bidder shall include in the bid the bid bond amount so that the bid represents the total cost to the Owner of all work included in the contract. The bid bond shall indemnify the Owner against failure of the Contractor to execute and deliver the contract and necessary bond (Performance and Payment Bond) for faithful performance of the contract. The bid bond shall provide that the contractor or surety must pay the damage, loss, cost and expense subject to the amount of the bid security directly arising out of the Contractor's default in failing to execute and deliver the contract and bonds. The Owner reserves the right to reject any or all responses and waive formalities. There shall be only one (1) bid submitted per State Contractor's License. Each bid received shall have the license for that bidder. Bid shall be submitted on the form provided by the Owner and shall be delivered in a clearly identified, sealed, opaque envelope. Arkansas Tech University reserves the right to reject any or all bids and to waive any formalities. Bidder agrees that the work will be substantially complete and ready for final payment excluding retainage in accordance with the Contract Documents within one hundred and four (104) calendar days of the date of the issuance of a Notice to Proceed. The project must be substantially completed by January, 01, 2026. Question Deadline 11/21/2024 at 5:00 PM CT