Renovation of an educational facility in Valdosta, Georgia. Completed plans call for the renovation of a post-secondary education facility.

his Invitation to Bid is for the Partial Renovation of the Education Center at Valdosta State University The Owner reserves the right in its sole and complete discretion to waive technicalities and informalities. The Owner further reserves the rights in its sole and complete discretion to reject all bids and any bid that is not responsive or that is over the budget.The Owner anticipates that the contract will be awarded to the responsive and responsible bidder who provides the lowest bid within the budget. In judging whether the bidder is responsible, the Owner will consider, but is not limited to, the following: Whether the bidder or its principals are currently ineligible, debarred, suspended, or otherwise excluded from bidding or contracting by any state or federal agency, department, or authority; Whether the bidder or its principals have been terminated for cause or are currently in default on a public works contract; Whether the bidder can demonstrate sufficient cash flow to undertake the project as evidenced by a Current Ratio of 1.0 or higher; Whether the bidder can demonstrate a commitment to safety with regard to Workers''Compensation by having an Experience Modification Rate (EMR) over the past three years not having exceeded an average of 1.2; and Whether the bidder's past work provides evidence of an ability to successfully complete public works projects within the established time, quality, or cost, or to comply with the bidder's contract obligations. Contract, if awarded, will be on a lump sum basis. No bid may be withdrawn for a period of sixty (60) days after time has been called on the date of opening, except in accordance with the provisions of Georgia law. Bids must be accompanied by a Bid Bondmade payable to the Owner in an amount equal to not less than five percent of the Bid. Both a performance bond and a paymentbond will be required, each in an amount equal to 100 percent of the Contract Sum prior to execution of the contract.