Big Meadows Water Line Extension

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. Attorneys-in-fact who sign BID BONDS or payment BONDS and performance BONDS must file with each BOND a certified and effective dated copy of their power of attorney. The party to whom the contract is awarded will be required to execute the Agreement and obtain the performance BOND and payment BOND within fifteen (15) calendar days from the date when NOTICE OF AWARD is delivered to the BIDDER. The NOTICE OF AWARD shall be accompanied by the necessary Agreement and BOND forms. In case of failure of the BIDDER to execute the Agreement, the OWNER may consider the BIDDER in default, in which case the BID BOND accompanying the proposal shall become the property of the OWNER. Upon default by the first low BIDDER the AWARD may then be made to the next lowest responsible BIDDER, or the WORK may be readvertised for a construction CONTRACT or otherwise, as the OWNER may decide. The OWNER upon receipt of an acceptable performance BOND, payment BOND, Certificate of Insurance, and AGREEMENT signed by the party to whom the AGREEMENT was awarded, shall within a reasonable period of time sign the AGREEMENT and return to such party an executed duplicate of the AGREEMENT. The OWNER upon signing the AGREEMENT and within a reasonable period of time shall issue the NOTICE TO PROCEED. The OWNER may make such investigations as deemed necessary to determine the ability of the BIDDER to perform the WORK, and the BIDDER shall furnish to the OWNER all such information and data for this purpose as the OWNER may request. The OWNER reserves the right to reject any BID if the evidence submitted by, or investigation of, such BIDDER fails to satisfy the OWNER that such BIDDER is properly qualified to carry out the obligations of the Agreement and to complete the WORK contemplated therein. The Owner reserves the right to award the contract in any combination of base bid and alternate bids. Any combination of base bid items or alternate bid items may be used to determine low bidder. Alternate bid items will be good for the life of the contract.

Division 33 -

Utilities, Instrumentation and Control for Utilities, Water Utilities, Water Utility Distribution Piping, Water Utility Distribution Equipment, Disinfecting of Water Utility Distribution, Water Utility Storage Tanks.