02/25/2026 - USA | IL | MCHENRY COUNTY | MCHENRY Small City
City Of Mchenry - IL
2026 HMA Materials
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The state will deduct from the amount so determined for the first 50 percent of the completed work a sum of ten percent to be retained until after the completion of the entire work to the satisfaction of the engineer. The state will deduct from the amount so determined for the first 50 percent of the completed work a sum of ten percent to be retained until after the completion of the entire work to the satisfaction of the engineer.
The award will be made within 45 calendar days after the opening of proposals to the lowest responsible and qualified bidder whose proposal complies with all the requirements prescribed. he award will be made within45 calendar days after the opening of proposals to the lowest responsible andqualified bidder whose proposal complies with all the requirements prescribed.
Failure of the successful bidder to execute and file acceptable bonds within 15 days after the notice of award has been mailed to the bidder shall be just cause for the cancellation of the award and the forfeiture of the proposal guaranty which shall become the property of the awarding authority, not as penalty, but in liquidation of damages sustained. failure of the successful bidder to execute and file acceptable bonds within 15 daysafter the notice of award has been mailed to the bidder shall be just cause for thecancellation of the award and the forfeiture of the proposal guaranty which shallbecome the property of the awarding authority, not as penalty, but in liquidation ofdamages sustained.