Kalapuya Elementary School Pedestrian Pathway Paving

If requested, each Bid must be accompanied by a Bidder's Bond on the Form of Bid Bond provided herein or on a similar form which in every respect materially complies with said Form of Bid Bond, in the amount of ten percent (10%) of its Bid. For purposes of this provision, the amount of the Bid shall be the Base Bid. The Bidder's Bond shall be issued by a Surety company licensed to conduct business in the State of Oregon and be acceptable to the Owner. The Surety signing the Bidder's Bond shall be registered with the Oregon State Insurance Commissioner, and the Surety's name shall appear in the current Authorized Insurance Company list in the State of Oregon published by the office of the Insurance Commissioner. Each Surety's name must also appear on the United States Treasury Department's list of authorized sureties, circular 570, asamended. If requested, the Successful Bidder shall furnish a Performance and Payment Bond in an amount equal to one hundred percent (100%) of the Contract sum, as security for the faithful performance of this Contract and as security for the payment of all persons performing labor and furnishing materials under this Contract. The Owner expressly reserves the right to reject any or all Bids, to waive any informalities or irregularities in the Bids received, and to accept that Bid which in its judgment, best serves the interest of the Owner.

Division 31 -	Earthwork, Earthwork Methods.
Division 32 -	Exterior Improvements, Bases, Ballasts, and Paving, Flexible Paving, Asphalt Paving, Rigid Paving, Concrete Paving, Curbs, Gutters, Sidewalks, and Driveways.