100 Walnut Street Demolition

Scope of work includes the demolition of the existing structure along with common wall and site restoration. Bidders are required to submit a surety in the form of a bond or equivalent meeting 10% of the overall bid price in compliance with the contract documents. Bid bonds will be returned to the non-awarded bidders upon the execution of the contract. The successful Bidder shall also be required to provide a Performance Bond in an amount of one hundred percent (100%) of the Contract amount within ten (10) calendar days of receipt of written notice of acceptance of the Bid. A uniform fee of 0.333% (1/3 of 1 percent) of the bid amount (up to $5,000.00) is applied only to bidders who area awarded contracts. No fees apply to bidders who submit without being awarded the contract. No bidder may withdraw his bid within sixty (60) days after the actual date of the opening thereof. Borough of Colwyn reserves the right to waive any informalities or to reject any or all bids. LIQUIDATED DAMAGES FOR FAILURE TO ENTER INTO CONTRACT: The successful bidder, upon his/her failure or refusal to execute and deliver the contract and bonds required within ten (10) days after he/she has received notice of the acceptance of his/her bid, shall forfeit to the Owner, as liquidated damages for such failure or refusal, the security deposited with his/her bid. The Contract Documents contain all pertinent regulations. The Borough reserves the right to reject any or all bids or to accept any portion of any bid, and to award Contracts as is deemed best for the Borough.

Division 01 -	General Requirements, Special Procedures, Environmental Procedures.
Division 02 -	Existing Conditions, Environmental Assessment, Hazardous Material Assessment, Site Remediation, Asbestos Remediation.