Renovation of an educational facility in Sioux City, Iowa. Completed plans call for the renovation of a educational facility.

Project consists of replacement of existing split system chiller with a package chiller. Construction contract: bids will be received for a single prime contract. Bid security each bid shall be made on the form furnished by the engineer, and must be accompanied by a deposit of money, certified check, cashier's check, or credit union certified share draft, or a bid bond to be executed by a corporation authorized to contract as a surety in the state of iowa, in an amount equal to five percent (5%) of the amount of the bid, made payable to western iowa tech community college, sioux city, iowa, and may be cashed by the board as liquidated damages in the event the successful bidder fails to enter into a contract and file bond satisfactory to the board assuring the faithful fulfilment of the contract and maintenance of said improvements as required by law, the provisions of this notice and the contract documents within ten (10) days after acceptance of his bid. Monthly estimates will be paid to the contractor as the work progresses in amounts equal to ninety-seven percent (97%) of the contract value of the work completed during the preceding calendar month. Such monthly payments shall in no way be construed as an act of acceptance for any part of the work, partially or totally completed. Final payment of the three percent (3%) retainage due to the contractor will be made thirty (30) days after final acceptance of the work under the contract by the owner if no claims are on file and after receipt of satisfactory evidence that all claims pertaining to such contract have been paid in full as provided in the contract documents for said work. Bid security of the two lowest bidders will be retained until contract has been awarded and executed, but no longer than 30 days after the opening of bids. No bidder may withdraw their bid within 30 days after opening of bids. The successful bidder will be required to furnish a performance bond and material and labor payment bond in an amount equal to one hundred percent (100%) of the contract sum, issued by a responsible surety approved by the board and shall guarantee the faithful performance of the contract and terms and conditions therein contained and the maintenance of said improvements pursuant to the provisions of the contract documents. Fabrication of new work shall begin immediately after contracts are signed and insurance certificates are approved. Verify work schedule with owner and engineer. The complete system shall be substantially complete by august 1, 2026. Bids shall remain in effect for a period of thirty (30) days, commencing on bid due date. The board reserves the right to reject any or all bids, re-advertise for all bids and to waive any or all formalities that may be in the best interest of western Iowa tech community college.