The Town of Prosper is seeking proposals for the rehabilitation of the Craig Road Elevated Storage Tank. Proposals are due by August 13, 2026, at 2:00 PM CT and will be accepted online via ionwave. net or in hard copy. The estimated value is $2,216,754. The project involves furnishing labor, equipment, and materials for the tank rehabilitation. A bid bond or cashier's check of 5% of the maximum proposed amount is required. Performance and payment bonds of 115% and 100% of the contract amount, respectively, are required within 10 days of award. A maintenance bond of 100% for two years is also required. Questions are due by August 3, 2026, at 12:00 PM CT. Plans and specifications can be examined or purchased from the Engineering Department or downloaded from the town's website.
Proposals are due by 2:00 PM CT on Thursday, August 13, 2026. until 2:00 p. m. on thursday, august 13, 2026.
The document mentions sales tax exemption for materials incorporated into the project if requested, and the town will issue a certificate of exemption. in the event of the award of a contract, vendor will furnish a performance bond for 115 of the contract amount, and a payment bond for 100 of the contract amount. . .
A maintenance bond for 100% of the contract amount is required, covering defects of material and workmanship for two calendar years following the town's approval and acceptance of the construction. he successful contractor shall also furnish a maintenance bond in the amount of 100 of the contract amount covering defects of material and workmanship for two calendar years following the towns approval and acceptance of the construction.
The bidder must be familiar with the contract documents, work site, and local conditions. They must also have correlated all observations and given written notice of any conflicts, errors, or discrepancies. bidder has familiarized itself with the nature and extent of the contract documents, work, site, locality, and all local conditions and laws and regulations that in any manner may affect cost, progress, performance or furnishing of the work as bidder considers necessary. . .
Proposals received after the deadline will not be accepted and will be returned unopened. any proposals received after this time will not be accepted and will be returned unopened.
The engineers estimate for the project is $2,216,754. engineers estimate: $ 2, 216, 754
