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Post-Bid
Published December 17, 2024 at 7:00 PM
Updated December 18, 2024
Site work for a water / sewer project in Monroe, Louisiana. Completed plans call for site work for a water / sewer project.
Ouachita River Floodwall Permanent Gap Closure Deposits on the first set of documents furnished bona fide prime bidders shall be fully refunded upon return of the documents no later than 10 days after receipt of bids. On other sets of documents furnished to bidders, the deposit less the actual cost of reproduction, shall be refunded upon return of the documents no later than ten days after receipt of bids. The Owner reserves the right to reject any and all bids received for just cause per State Public Bid Law. BID SECURITY in the form of a bid bond, certified check or cashier's check as prescribed by LA R.S. 38:2218(A) attached to and made a part of this bid. Each BID must be accompanied by a BID bond payable to the OWNER for five percent of the total amount of the BID. As soon as the BID prices have been compared, the OWNER will return the BONDS of all except the three lowest responsible BIDDERS. When the Agreement is executed the bonds of the remaining unsuccessful BIDDERS will be returned. The BID BOND of the successful BIDDER will be retained until the payment BOND and performance BOND have been executed and approved, after which it will be returned. A certified check may be used in lieu of a BID BOND. A performance BOND and a payment BOND each in the amount of 100 percent of the CONTRACT PRICE, with a corporate surety approved by the OWNER, will be required for the faithful performance of the contract. The NOTICE TO PROCEED shall be issued within 45 days of the execution of the Agreement by the OWNER. Should there be reasons why the NOTICE TO PROCEED cannot be issued within such period, the time may be extended by mutual agreement between the OWNER and CONTRACTOR. If the NOTICE TO PROCEED has not been issued within the 45 day period or within the period mutually agreed upon, the CONTRACTOR may terminate the Agreement without further liability on the part of either party.
Post-Bid
Water / Sewer
$750,000.00
Public - State/Provincial
Site Work
Trades Specified
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